The term _____ refers to the problem of small sample size.
A. micronumerosity
B. multicollinearity
C. homoskedasticity
D. heteroskedasticity
Answer: A
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As the ________ interest rate increases, the quantity of loanable funds demanded ________
A) real; increases B) real; decreases C) nominal; increases D) nominal; decreases
Which of the following is NOT a major concern of international economic theory?
A) protectionism B) the balance of payments C) exchange rate determination D) bilateral trade relations with China E) the international capital market
A government policy generates $10,000 of benefits to underprivileged youth at a cost of $5,000 to taxpayers. The policy is Pareto efficient.
Answer the following statement true (T) or false (F)
In which of the four oligopolistic markets below is there considerable price competition?
A. music production industry B. high-definition DVD industry C. stent industry D. airline industry