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Consider the dataset in section 2.4. The er32049 variable is the last known marital status. Rename this variable as marstatus, give the variable the label "marital status", and tabulate marstatus. From the codebook, marital status is married
(1), never married
(2), widowed
(3), divorced or annulment
(4), separated
(5), not answered or do not know
(8), and no marital history collected
(9). Set marstatus to missing where appropriate. Use label define and label values to provide descriptions for the remaining categories, and tabulate marstatus. Create a binary indicator variable equal to 1 if the last known marital status is married, and equal to 0 otherwise, with appropriate handling of any missing data. Provide a summary of earnings by marital status. Create a set of indicator variables for marital status based on marstatus. Create a set of variables that interact these marital status indicators with earnings.
Assuming no chnage in hours of work, if real output per hour of work increases by 10 percent, what will be the new levels of real GDP in the right column of A Does the new data reflect an increase in aggregate supply
firms demand for a resource use the following data to answer the question below. assume a perfectly competitive product
What is the own price elasticity of demand when Px = $154? Is demand elastic or inelastic at this price? What would happen to the firm's revenue if it decided to charge a price below $154.What is the cross-price elasticity of demand between good X ..
the company's variable cost for siding are: Output in of houses 2 at VC $26,000,3 housesat $32,000, 4 at $36,000, 5 at $42,000, 6 at $50,000, 7 at $60,000, 8 at $72,000, 9 at $86,000 and 10 house at VC $102,000.
This bank can safely expand its loans by what amount c.by expanding its loans by this amount in part (b), its checkable deposits would expand to what amount (if all loans were made to ch3ecking account customers)
The table below gives growth rates for the United States for various time periods. Using these data, calculate the growth rate of average hours worked per capita for each period.
what is the minimum tolerable value of RL?
Indias GDP per sapita is $3,000 and lets say that real output per person there grows at 5 perccent per year. Using the rule of 70, how many years will it take for india to reach italys current level of GDP per capita, about $24,000 per year
The company you work for has a high speed 5-axis milling machine which was purchased 5 years ago for $200,000 and has a 10 year life. This machine is currently idle and can be used to make a product designed
determine price el asticity of close substitudes
A grocery store notices that the cross-price elasticity between ice cream and chocolate syrup is -.3. The store is advertising a sale with ice cream prices reduced by 20%. By how much should they expect chocolate syrup sales to increase
Estimate the variances. What do they say about the health of the project? Reestimate with an actual cost to date of $750,000
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