The permanent income hypothesis indicates that increased savings will cause an increase in long term income

If we have a small standard error, then

A) the estimated coefficient is small. B) the true demand function has imprecise coefficients. C) the expected variation of the estimated coefficient is small. D) the estimated coefficients are imprecise indicators of the true values.

Making blackmail, extortion, and other forms of private coercion illegal is one way that government:

A. Reduces private-sector economic risk B. Increases private-sector economic risk C. Reduces the market's economic efficiency D. Increases the economy's deadweight losses