Econometrics being used in business or economics

Assignment Help Business Economics
Reference no: EM131174688

Discuss how you see econometrics being used in business or economics. Provide examples from what you found in the e-Activity to support your response. Imagine you are an economic advisor to the Chairman of the Federal Reserve Board, and he asks you whether it is advisable to increase the monetary supply to bolster the economy. Determine what factors you would take into account and how you would apply econometrics in your advice. Explain your rationale.

Reference no: EM131174688

Questions Cloud

Write a paper examining the roles of the legislative branch : Write a paper examining the roles of the legislative branch in health policy. Describe how this branch needs to relate to other stakeholders and assess where conflict between the stakeholders may and does occur.
Evaluate project by using the discounted payback decision : Suppose your firm is considering investing in a project with the cash flows- Use the discounted payback decision rule to evaluate this project; - should it be accepted or rejected?
Rotating about the x-axis the region : A solid is generated by rotating about the x-axis the region under a curve y = f(x), where f s a positive function. If the volume generated by the part of the curve from x = 0 to x = b is b 2 for all b > 0, find the function f(x).
What are the features of customer satisfaction : Discuss post-purchase dissonance, and the types of dissatisfaction responses. What are the features of customer satisfaction? Is relationship marketing a useful approach to increase satisfaction?
Econometrics being used in business or economics : Discuss how you see econometrics being used in business or economics. Provide examples from what you found in the e-Activity to support your response. Imagine you are an economic advisor to the Chairman of the Federal Reserve Board, and he asks you w..
Using the supplemental readings : Using the supplemental readings from Week IV describe what you think would have been the reaction of Georg Simmel to the iPod and 'Smart Phone'. Also,using one of the three secondary source readings (1900; From these Beginnings; "Mark Twain"; or Edwa..
Can you explain in your own words what kant might have meant : Can you explain in your own words what Kant might have meant by this, and can you give an example of the sort of knowledge that Kant believed possessed this strange status?
What is a good real life parabola example : What is a good real life parabola example? Arches are not good examples for this type of exercise. Its is quite confusing to verify which real life images are examples of parabolas, when some of them are catenaries.
Two of the players are each holding three diamonds : Three cards are drawn from a 52-card deck of cards. What is the probability that all three cards are hearts? Find the odds in favor of a five being rolled on a single die. What is the probability of this event?

Reviews

Write a Review

Business Economics Questions & Answers

  Explain how difficulty will it be for the owner to plan

Explain how difficulty will it be for the owner to plan for this new competitive threat.

  Illustrate what entity establishes a cost ceiling

Illustrate what entity establishes a cost ceiling and does it require government sanction for violators. Will it result in a surplus or a shortage.

  Maximizing his utility in consumption of both goods

Steven consumes only two goods, both of which are normal goods. He is maximizing his utility in consumption of both goods. Now assume the price of one of the goods increases. How should Steven's consumption change?

  Many large countries utilize national sales tax

Did you know that many large countries utilize a national sales tax, or value added tax, to raise revenues? What if, -in an effort to FIX THE ECONOMY, the U.S. decided to do this? What other countries are doing this and to what degree of success?

  Draw the cost curves for ferrero nutella production

The year 2014 was a perfect storm in the hazelnut industry: terrible weather and blights reduced crops. People in China started eating large numbers of hazelnuts, and recent information on the health benefits of these nuts increased domestic demand. ..

  Q1 why does the saying no taxation without representation

q1. why does the saying no taxation without representation make sense for public goods but not for private goods?

  What effect did financial crisis have on unemployment rate

The oil price shock embodied an inflation rise of 3 percentage points and inflation turned out to be 1.5%. What effect did the financial crisis have on the unemployment rate?

  The long-run market supply curve in a competitive market

The long-run market supply curve in a competitive market will

  Fixed proportions production function

Suppose that the Acme Gumball Company has a fixed proportions production function that requires it to use two gumball presses and one worker to produce 1000 gumballs per hour. a) Explain why the cost/hour of producing 1000 gumballs is 2v+w (where v i..

  Paper creates a fundamental contradiction

Paper creates a fundamental contradiction. Your task was to recommend policies to protect the industry in the event of the next economic crisis. Your main recommendation was to open the industry and allow more competitors into the industry.

  Use to get a policy like this adopted and implemented

After the horrific terrorist attacks that occurred in the United States on 9/11/2001,a PR firm represented the Allied Pilots Association in that organization's campaign to gain airline pilots the right to carry guns in the cockpit. What type of resea..

  Consider an exchange economy with two people

Consider an exchange economy with two people, A and B, and two commodities, food (x) and water (y). A's and B's preferences are described, respectively, by the following utility functions: . u A ( Xa , Ya ) = (Xa)^ 2 ( Ya ) , MRS ( Xa , Ya ) = (2y^a)..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd