Multiple Choice
Econometrics is the branch of economics that _____.
A) studies the behavior of individual economic agents in making economic decisions
B) develops and uses statistical methods for estimating economic relationships
C) deals with the performance, structure, behavior, and decision-making of an economy as a whole
D) applies mathematical methods to represent economic theories and solve economic problems
Correct Answer:
Verified
Correct Answer:
Verified
Q10: Which of the following is true?<br>A)A variable
Q11: The constants of econometric models are referred
Q12: An empirical analysis relies on _ to
Q13: A data set that consists of a
Q14: Experimental data are easy to obtain in
Q16: A data set that consists of observations
Q17: Which of the following terms measures the
Q18: An economic model consists of mathematical equations
Q19: A cross-sectional data set consists of observations
Q20: Which of the following is a difference