________ are one source of involuntary unemployment during recessions
A) Downwardly rigid wages B) Lower corporate tax rates
C) Flexible wages D) Higher income tax rates
A
Economics
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The DOLS estimator has the following property if Xt and Yt are cointegrated:
A) it is BLUE even in small samples. B) it is efficient in large samples. C) it has a standard normal distribution when homoskedasticity-only standard errors are used. D) it has a non-normal distribution in large samples when HAC standard errors are used.
Economics
An effective price floor on wheat will:
A. force otherwise profitable farmers out of business. B. result in a shortage of wheat. C. result in a surplus of wheat. D. clear the market for wheat.
Economics