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Question: 1. Consider observations from the linear panel data model
2. a. In the fixed effects regression model, are the fixed entery effects, ai, con
b. If n is large (say, n = 2000) but T is small (say. T = 4), do you think that the estimated values of ai are approximately normally distributed? Why or why not? (Hint: Analyze the model
Draw the production possibilities frontiers (PPFs) for Australia and Belgium with cars on the horizontal axis and sweaters on the vertical axis.
The federal reserve has announced an end to their controversial quantitative easing bond purchase program. How will the economy react to this decision?
Howard Bowen is a large-scale cotton farmer. The land and machinery he owns has a current market value of $4 million. Bowen owes his local bank $3 million. Last year Bowen sold $5 million worth of cotton. His variable operating costs were $4.5..
New York State. One is the more rural state capital of Albany, the other one is in New York City. The abatement cost for SO2 are CA(qA) = 0.5(qA)^2 for the plant in Albany and 2A CB(qB) = (3/2)(qB)^2 for the older plant in New York City, where qA an..
Analyze the economics of New Orleans in light of the above parameters and develop your own Cost-Benefit Analysis (CBA) for rebuilding.
A benevolent social planner would prefer that the output of good x be decreased from its current level if, at the current level of output of good x,
Analyze how taxes can make markets fail to achieve economic efficiency and illustrate with your own examples. Discuss why the government must force market equilibrium.
Discuss critical success factors and whether or not you believe that the selected company shows evidence of success for these factors. Discuss the selected company in the context of the Theory of Constraints.
A price floor is set by the government to protect the producer of the good to which price floor has been attached. There're two possible outcomes for market in price floor setting.
What can you infer about the nature of the telecommunications and natural gas transmission markets by the prevalence of price caps in the former and their dearth in the latter?
Draw cash flow diagram for the following: you can use either the leader or borrower point of view. Your choice I = 12% per compounded yearly. Be sure to label the amount you pay at the end at each year.
health care financial management is complex and an effective health care administrator must understand what makes up
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