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Consider the following data set:
Y1
Y2
X1
X2
X3
X4
125
113
13
18
25
11
158
115
39
59
30
207
126
52
50
62
53
182
119
29
43
196
107
37
65
56
175
135
64
19
79
49
145
111
27
17
14
144
130
22
23
31
160
122
34
114
51
58
40
151
121
15
161
105
41
200
131
75
36
173
123
44
48
20
162
120
155
109
38
230
134
28
153
124
33
Where:
Y1 - A measure of success in graduate school.
Y2 - Score of grad school on a major review paper.
X1 - A measure of intellectual ability.
X2 - A measure of "work ethic."
X3 - A second measure of intellectual ability.
X4 - A measure of spatial ability.
Write down the linear equation for both regressions
Which factors seems to have significant impact on success in graduate school
Which factors have significant impact on school ranking?
Are those the same factors? How do you interpret the discrepancy?
Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities. As a policy maker concerned with correcting the effects of gases and particulate..
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Using the economic concepts that explain differences in wages, discuss any three of the following points.* Why does a chief executive earn more than a rocket scientist working for NASA * Why does a teacher earn less than a firefighter
You are operating a firm in a perfectly competitive market. In the short run, you have fixed costs of $30. Your variable costs are given in the following table:
Use an interest rate of 8% per year to determine what the equivalent annual benefits must be to ensure a B/C ratio of at least 1.0.
Explain the meaning of the following statements: a) ‘Before economic growth, there were too few goods; after growth, there is too little time.'
1. calculate ae given the information below and completely fill in the table.2. where is equilibrium in this economy
Consider two countries, Canada and China. Canada has comparative advantage in oil production, and China in shoes production. Suppose China grows biased to oil production.
Do anticipated changes in m (that is, changes that are expected as of when rigid-price firms set their prices) affect y and Find the first-order condition for the period-2 policymaker's choice of G2 given D.
Q4. What are some arguments against free trade per this documentary Q5. What is the infant-industry argument Q6. Differentiate between import-substituting industrialization and export-oriented industrialization. Which approach has been more succes..
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