1.) The target position is equal to the _____. Explain.

a. Minimum,

b. Government estimate,

c. Maximum,

d. Objective.

2.) The ratio of the regression coefficient to its standard error is called:

A) coefficient of determination.

B) t-statistic.

C) partial F -statistic.

D) F-statistic.

3.) When the labor market is not perfectly competitive, labor will be hired up to the point where the _____ of labor equals the _____.

A. marginal revenue product; marginal revenue

B. marginal product; market wage

C. marginal revenue product; marginal factor cost of labor

D. marginal product; marginal factor cost of labor

4.)An effective price ceiling will

a) create surplus.

b) increase search activity.do all of these.

c) increase search activity.

d)all of the above

5.) Estimating the reproduction cost of a building whose original construction cost is known is:

a) impossible b) illegal c) called cost index trending d) none of the above

Hi, please do explain. Thank you. I really cant understand this questions.