If the U.S. trade deficit was reduced in a rush, what would be a possible result?
a. decreasing inflation and increasing unemployment
b. increasing inflation and decreasing unemployment
c increasing inflation and increasing unemployment
d. decreasing inflation and decreasing unemployment
c increasing inflation and increasing unemployment
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Which of the following statements about affirmative action programs that provide is accurate?
When calculating the TSLS standard errors
A) you do not have to worry about heteroskedasticity, since it was eliminated in the first stage B) you can use the standard errors reported by OLS estimation of the second stage regression. C) the critical values from the standard normal table should be adjusted for the proper degrees of freedom. D) you should use heteroskedasticity-robust standard errors.
Consider a small hair styling salon. List some examples of implicit costs of this business
Political instability is an impediment to development mainly because it:
A. undermines both domestic and foreign investment in a developing country. B. creates cultural and social differences among groups in developing countries. C. produces excessive levels of domestic saving. D. redistributes income.