Omitted variables A) can cause hypothesis tests to be ...

[pepyto]

Omitted variables
 
  A) can cause hypothesis tests to be unreliable.
  B) require multiple regression analyses to find.
  C) are usually those with t-statistics less than the critical value.
  D) are usually outside the confidence interval.

Question 2

The price for tickets of a sold-out event increase by 30 but quantity sold remains unchanged. The price elasticity of demand equals
 
  A) 0.
  B) 1.
  C) infinity.
  D) Cannot be determined.

[succesfull]

Answer to Question 1

A

Answer to Question 2

D