What is the value of the MPC if $66 out of every $100 increase in disposable income is consumed?
A) $34
B) 0.34
C) 0.66
D) $166
E) More information is needed to determine the MPC.
C
Economics
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The commerce clause strengthened the federal government's interventionist power in industries operating on a national scale
Indicate whether the statement is true or false
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In the presence of heteroskedasticity, and assuming that the usual least squares assumptions hold, the OLS estimator is
A) efficient. B) BLUE. C) unbiased and consistent. D) unbiased but not consistent.
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