A regression specification must include
A) the functional relationship between dependent and explanatory variables.
B) the estimated coefficients.
C) the estimated t-statistic.
D) All of the above.
A
You might also like to view...
The above table gives data for the nation of Mouseville. There are no imports into or exports from Mouseville. Unplanned inventory changes equal $50 billion when real GDP equals
A) $800 billion. B) $900 billion. C) $500 billion. D) $300 billion. E) $700 billion.
Archibald's Tattoos is a perfectly competitive firm. The firm's costs are shown in the table above. What is Archibald's shut-down point?
A) $10.00 B) $16.67 C) $15.00 D) $12.50
In Figure 8-5, the firm’s marginal profit at the profit maximizing output level
A. is 10. B. is 35. C. is 0. D. cannot be determined from the diagram.
The distinction between microeconomics and macroeconomics is
A) clearly drawn, and there is no overlap between them. B) determined by economists in a clear and concise manner. C) narrowly drawn, and microeconomic analysis often relies on macroeconomic tools. D) often blurred because aggregates are made up of individuals and firms.