TABLE 14-5 A Microeconomist Wants to Determine How Corporate Sales Are Influenced

question 134

Multiple Choice

TABLE 14-5
A microeconomist wants to determine how corporate sales are influenced by capital and wage spending by companies. She proceeds to randomly select 26 large corporations and record information in millions of dollars. The Microsoft Excel output below shows results of this multiple regression.
-Referring to Table 14-5, what is the p-value for testing whether Wages have a negative impact on corporate sales?

• A) 0.05
• B) 0.0001
• C) 0.00005
• D) 0.99995

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Definitions:

Barron v. Baltimore

An 1833 United States Supreme Court case that held the Bill of Rights restricted only the federal government and not state governments, underscoring the federalism principle.

Nationalization

The process of transforming private assets into public assets by bringing them under the public ownership of a national government.

Takings Clause

Refers to a provision in the Fifth Amendment of the U.S. Constitution that prohibits the government from taking private property for public use without just compensation.

Bill of Rights

The initial ten amendments of the U.S. Constitution, ensuring essential rights and safeguards for Americans.