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Explain how the aggregate supply and Phillips curves are related to each other. Can any information be derived from one that cannot be derived from the other?
Discuss the signs and magnitudes of the estimated coefficients and their comparisons to predicted or theoretical signs and magnitudes. What have we learned?
If the government imposes a usury law and says that car loans cannot exceed 3 percent per year, how big will the monthly shortage (or excess demand) for car loans be What if the usury limit is raised to 7 percent per year
kindly help with this short question. Distinguish between univariate and multivariate time series analysis.
A small business owner who owns/operates a snow removal company is planning to diversify and begin installing in-ground swimming pools to enhance his income for the next two years. He forecasts that he and his employees will be able to install16 i..
Assume there is one insurance plan. Consumers decide whether to enroll in this insurance plan or remain uninsured. Consumers are heterogeneous in how much they value insurance and how costly they are to insure.
Suppose that you expect to sell about 22,000 cookbooks per month online, and assume that your overhead, technology, and equipment costs are fixed. What are your total costs What are your marginal costs
Suppose the natural rate of unemployment in 2005 is 5% and the actual rate of unemployment is 9%. Use Okun's law to determine the size of the GDP gap in percentage-point terms. If the potential GDP is $500B in that year
There are various estimates for the amount of jobs saved by the federal government's stimulus plan the American Recovery & Reinvestment Act (ARRA) of 2009. (a) According to the Council of Economic Advisors' report from January 2010.
There is a $180,000 overhaul cost in year 8. The first cost is $420,000 and the annual operating cost is $30,000. Revenue from power sales is expected to be $100,000 per year. The facility will have a salvage value of $75,000 at the end of year 15. i..
Are these factors only relevant for statistical samples?
Based on a sample of 30, suppose we estimate a regression model and find b1=8.4, SSR=128, SSE=286 a) Find the coefficient of determination (R^2) b) Test at the 10% significance level against the two sided alternative the null that B1=0
If a Durbin Watson statistic takes a value close to zero, what will be the value of the first order autocorrelation coefficient
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