The maximum likelihood estimation method produces, in general, all of the following desirable properties with the exception of

A) efficiency.
B) consistency.
C) normally distributed estimators in large samples.
D) unbiasedness in small samples.

Answer: D) unbiasedness in small samples.

Economics

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Although the FDIC was created to prevent bank failures, its existence encourages banks to

A) take too much risk. B) hold too much capital. C) open too many branches. D) buy too much stock.

Economics

In a given year, the value of U.S. exports and imports ________

A) is equal to the value of U.S. foreign exchange transactions B) is a relatively large fraction of U.S. foreign exchange transactions C) is a relatively small fraction of U.S. foreign exchange transactions D) does not involve a foreign exchange transaction

Economics