In the simplest Keynesian model of the determination of income, interest rates are assumed
A) to be exogenous and to influence desired spending.
B) to be endogenous and not to influence desired spending.
C) to be endogenous and to influence desired spending.
D) to be exogenous and not to influence spending.
A
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The International Monetary Fund, one of the Bretton Woods Institutions,
(a) was meant to provide short-term credit. (b) was meant to provide long-term credit. (c) was meant to provide both short- and long-term credit. (d) was not meant to provide credit.
From a management policy perspective, which regression result is the most useful?
A) a regression equation that passes the F-test B) a regression equation whose explanatory variables all pass the t-test C) a regression equation that has the highest R2 D) a regression equation that has the least number of dummy variables