A test for heteroskedasticty can be significant if _____.?
A. ?the Breusch-Pagan test results in a large p-value
B. ?the White test results in a large p-value
C. ?the functional form of the regression model is misspecified
D. the regression model includes too many independent variables
Answer: C
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An ordinance making it illegal for people to park commercial vehicles on the street overnight in residential areas
A) protects property rights. B) takes away property rights. C) protects some property rights and takes away others. D) has nothing to do with property rights. E) reduces negative externalities for residents of affected areas.
It is possible for the poverty rate to decline even if the number of poor people increases
Indicate whether the statement is true or false
If a company is associated with a green lizard and the company wants to protect the green lizard symbol, the company would consider the green lizard to be which of the following?
A) a patent B) a trade secret C) a copyright D) a trademark
If the price elasticity of demand for food is 0.03, then a 6 percent increase in the price of food will lead to a ________ decrease in quantity demanded.
A. 0.018 percent B. 18 percent C. 1.8 percent D. 0.18 percent