The manager can be 95 percent confident that the true value of the underlying parameters in a regression is not zero if the absolute value of the t-statistic is:
A. greater than 1.
B. less than 1.
C. less than 2.
D. greater than 2.
Answer: D
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Which of the following is TRUE?
I. Checks are considered money because they can be used as a medium of exchange. II. Checks represent a transfer of money. A) I only B) II only C) both I and II D) neither I nor II
In the long run, a perfectly competitive market produces at ________, whereas the monopolistic competitive firm does not
A) the output at which the lowest average total cost of production is reached B) an output level at which positive economic profits exist C) zero economic profits D) the point at which MR = MC=ATC
Which characteristics best describe oligopolies?
a. low fixed costs b. mutual interdependence c. very large firms d. identical pricing e. many firms
A country runs a deficit in its current account if:?
What will be an ideal response?