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

Economics

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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

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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

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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

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