When there are two coefficients, the resulting confidence sets are

A) rectangles.
B) ellipses.
C) squares.
D) trapezoids.

Answer: B) ellipses.

Economics

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Which of the following can be categorized as a composite currency?

a. Italian lira b. European Currency Unit c. Pound d. Australian dollar e. Danish Krone

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A system in which depository institutions hold reserves that are less than the amount of total deposits is

A. sweep accounts. B. the Federal Reserve System. C. the federal funds market. D. fractional reserve banking.

Economics