Which of the following is a test of the statistical significance of a particular regression coefficient?
A) t-test
B) R2
C) F-test
D) Durbin-Watson test
A
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The ________ the down payment made by a borrower when taking out a mortgage, the ________
A) lower; lower the interest rate usually charged by the financial company issuing the mortgage B) lower; more highly leveraged that borrower is on the mortgage C) higher; more likely the mortgage-issuer will be faced with a mortgage default. D) higher; greater the risk that the borrower will find herself upside down on the mortgage
A Japanese bank buys bonds sold by Minnesota Manufacturing. Minnesota Manufacturing then uses these funds to buy machinery from Canada. Which of the following decreases?
a. U.S. net exports but not US net capital outflow b. U.S. net capital outflow but not U.S. net exports c. U.S. net exports and U.S. net capital outflow d. neither U.S. net exports nor U.S. net capital outflow
Answer the following statement(s) true (T) or false (F)
1. Planned expenditure has a pronounced effect on the short-run business cycle. 2. Overall, output tends to fluctuate more than investment spending. 3. Optimistic consumer expectations can cause changes to several of the autonomous components of aggregate expenditure. 4. The expenditure multiplier applies only to changes in planned investment spending. 5. The true expenditure multiplier is usually larger than the calculated multiplier.
Figure 9.6In Figure 9.6 if price is P1, then the industry will:
A. expand. B. contract. C. stay the same size. D. merge.