Which of the following statements is true?
A. OLS is a model, whereas feasible GLS is an estimation method.
B. OLS is an estimation method, whereas feasible GLS is a model.
C. Both OLS and feasible GLS are models.
D. Both OLS and feasible GLS are estimation methods.
Answer: D
You might also like to view...
Phases and turning points of the business cycle are expansion, peak, recession and trough
Indicate whether the statement is true or false
Discuss the three fundamental economic questions that all nations must address
An increase in the price of a particular good, with all other variables constant, causes
a. a movement along a given supply curve to a lower quantity supplied b. a shift to a different supply curve with lower quantities supplied c. a movement along a given supply curve to a higher quantity supplied d. a shift to a different supply curve with higher quantities supplied e. no movement along a given supply curve unless demand also changes
Between 1970 and 2000, if the Fed had tried to hit the money growth targets:
A. the interest rates would have likely been more stable. B. the federal funds rate would have changed often and by large amounts. C. the economy would have likely experienced very high inflation. D. the economy would have likely experienced very high inflation but the interest rates would have likely been more stable.