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Consider the regression model Y = B0 + b1xi + ui
a) Suppose you know that B0=0. Derive a formula for the least-squares estimator of B1.
b) Show your estimator from part a is consistent.
Projected government revenues from blood sucking income andconsumption taxes, not to mention pick-your-pocket duties andexcise tases is $243 billion for 2008-2009 fiscal year.
A-1 Box Company is planning to lease a computer system that will cost (with service) $15000 in year 1, $16500 in year 2, and amounts increasing by 10% each year thereafter. Assume the lease payments must be made at the beginning of the year.
Paul can make either "100 bottles of wine and 0 boxes of chocolates" or "0 bottles of wine and 1600 boxes of chocolates" or a combination of wine and chocolates. For parts of this question assume that Paul's PPF reflects the property of constant o..
Based on your sample, explain what percentage of individuals gained this wealth through inheritance and what percentage through entrepreneurship.
A cupola for a foundry was purchased for $3000.$500 more was spent on its erection and commisioning.The estimated residual value after 10 yeras was $700. A)calculate annual rate of depriciation. B)Determine the amount of depriciation at the end of ..
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2. the first equation to be estimated is fxi b0 b1 uri uiwhere u is a disturbance term and the i subscript
Calculate the yearly nominal IRR received by the company and accepts the credit insurance (life and disability). Loan amount: $2000 APR 19.95% Finance charge: $594.25 Total of payments: $2730.50
Suppose Springfield's economy moves into a recession and Y falls to $9 and rising unemployment allows widget makers to reduce wages to $18 per hour. What happens to the supply and demand curves.
A depository institution holds vault cash of $1 million, reserve deposits at the Fed of $49 million. If that institution holds $500 million in transactions deposits and is subject to a 3 percent reserve requirement on the first $50 million of thos..
Identify on your diagram the set of all Pareto efficient allocations. (c) Suppose each good has a market price of 1. Illustrate on yourdiagram the bundles demanded by each consumer. Is this a competitive equilibrium
Suppose the game is infinitely repeated. What strategies will each firm likely utilize?
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