1. Consider the following regression output where the dependent variable is testscores and the two explanatory variables are the student-teacher ratio and the percent of English learners: TestScore = 698.9 - 1.10×STR - 0.650×PctEL. You are told that the t-statistic on the student-teacher ratio coefficient is 2.56. The standard error therefore is approximately
A ) 0.43 B ) 0.650 C ) 0.25 D ) 1.96
2. Which of the following statements is true?
"Behavioralists" believe that all monopolists are "bad" monopolists
"Structuralists" strongly abide by the "rule of reason" in applying antitrust laws
"Behavioralists" believe that some monopolists are "good" monopolists
"Structuralists" believe that some monopolists are "good" monopolists