A curve showing the amount of real output we collectively wish to purchase at various alternative price levels is called the ___________.
Fill in the blank(s) with the appropriate word(s).
aggregate demand curve
Economics
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Linder's hypothesis provides an explanation for
A) increasing returns to scale. B) imperfect competition. C) intraindustry trade. D) All of the above.
Economics
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.
Economics