The critical value of F4,? at the 5% significance level is
A) 3.84
B) 2.37
C) 1.94
D) Cannot be calculated because in practice you will not have infinite number of observations
Answer: B
Economics
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In the formula used to measure the growth rate of multifactor productivity, the contribution of labor is represented by
A) bn. B) bk - bn. C) y - bk. D) (1 - b)n.
Economics
The price of chicken increases as the result of higher beef prices. This indicates that
a. chicken and beef are substitutes. b. chicken and beef are complements. c. the market demand for beef is inelastic. d. the market demand for chicken is elastic.
Economics