When there is multicollinearity in an estimated regression equation,

a. the coefficients are likely to be small.
b. the t-statistics are likely to be small even though the R2 is large.
c. the coefficient of determination is likely to be small.
d. the problem of omitted variables is likely.
e. the error terms will tend to have a cyclical pattern.

b

Economics

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Each of the governors of the Federal Reserve System is appointed for a term of __________ years. The Board of Governors is comprised of _____________ members and the FOMC is comprised of __________ members

A) 12; 7; 19 B) 14; 6; 22 C) 6; 5; 14 D) 14; 7; 12 E) 12; 6; 12

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