The t-statistic is computed by
A) dividing the regression coefficient by the standard error of the estimate.
B) dividing the regression coefficient by the standard error of the coefficient.
C) dividing the standard error of the coefficient by the regression coefficient.
D) dividing the R2 by the F-statistic.
B
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The food processing industry in Richland accounts for 20% of its GDP
Which of the following will happen if firms in this industry become pessimistic about the future demand for their products? Assume that consumption and government expenditure remains unchanged. A) Richland's unemployment rate will fall. B) Richland's interest rate will increase. C) Richland's inflation rate will increase. D) Richland's GDP will fall.
Auctions can be differentiated on the basis of ________
A) the number of buyers B) the number of sellers C) the way in which people place their bids D) the degree of competition among buyers
Which of the following is NOT a characteristic of a monopoly?
A) a single firm B) no close substitutes for the product produced C) barriers to entry D) easy entry and exit
When taxpayers pay more in taxes because of inflation even when the nominal tax structure remains the same, this is called _____
a. indexation b. bracket creep c. tax expenditure d. nominal rigidity