DSL and broadband internet service would be considered an example of:
A) substitute goods.
B) giffen goods.
C) inferior goods.
D) complementary goods.
A
Economics
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If deviations from trend in a macroeconomic variable are negatively correlated with deviations from trend in real GDP, that variable is said to be
A) useless in predicting future movements in real GDP. B) procyclical. C) countercyclical. D) acyclical.
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The TSLS estimator is
A) (X'X)-1 X'Y B) (X'Z(Z'Z)-1 Z'X)-1 X'Z(Z'Z)-1 Z' Y C) (X?-1X)-1(X?-1Y) D) (X'Pz)-1PzY
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