If two series have means that are not trending, a simple regression involving two independent I(1) series will often result in a significant _____ statistic.?
A. ?F
B. ?t
C. ?z
D. ??2
Answer: B
Economics
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Refer to Table 4-7. If a minimum wage of $11.50 an hour is mandated, what is the quantity of labor demanded?
A) 40,000 B) 570,000 C) 610,000 D) 1,180,000
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Producing where MR = MC guarantees that the firm earns a profit
Indicate whether the statement is true or false
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Output per worker is defined as
a. resource productivity b. the output-worker ratio c. labor productivity d. worker's GDP e. productive consumption
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A basic purpose of macroeconomic theory is to:
a) Stop economic contractions from occurring. b) Control the business cycle. c) Cause GDP to grow. d) Explain the business cycle.
Economics