Households make their savings available to borrowers through
a. resource markets
b. the loanable funds market
c. the labor market
d. the taxes
e. spending
B
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Which region of the world experienced a decade-long crisis and stagnant or even negative growth rates during the 1980s?
A) Latin America B) East Asia C) The United States and Canada D) Europe E) The European Union
Suppose that the conditional variance is var(ui|Xi) = ?h(Xi) where ? is a constant and h is a known function. The WLS estimator is
A) the same as the OLS estimator since the function is known B) can only be calculated if you have at least 100 observations C) the estimator obtained by first dividing the dependent variable and regressor by the square root of h and then regressing this modified dependent variable on the modified regressor using OLS D) the estimator obtained by first dividing the dependent variable and regressor by h and then regressing this modified dependent variable on the modified regressor using OLS