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1. Discuss what interests you the most about econometrics and state why.
2. Discuss what you hope to take away from this class and how you will use it in your current career path.
3. Discuss how you see econometrics being used in business or economics.
4. 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.
why is it difficult for the government to control and regulate monopolistic enterprises? Give a minimum of two real-world examples from recent history
The wage in Mexico is $5. The wage in the U.S. is $20. Provide current employment, the marginal product of the last worker in Mexico is 100, and the marginal product of the last worker in the U.S. is 500.
Assume that a industry produces 200000 units a year and sells m all for $10 each. Furthermore, assume that marginal external damage of this product is $6 per unit. How many more units of this product will free market produce than is socially.
Explain how the indifference curve and budget line apparatus are used to derive a consumer's demand curve.
Which one may under present quality. Describe concepts of prospective also retrospective payment for services.
Illustrate what are the highest also lowest payments from the writer that the beekeeper farmer team will accept for the sixth day.
The 2001 recession ended in November 2001, but the perception of "bad economic times" lingered into 2002 and 2003. What evidence do these graphs provide concerning the lingering perception of a recession.
discuss whether you agree or disagree with Chairman Bernanke's remarks on economic outlook and the role of the Fed' s monetary policy effectiveness by using unconventional policy.
Which of the following terms express a person who risks his or her financial resources by investing it in the hope of making a profit.
Illustrate what steps would your group have to take to drive our country out of this economic slowdown and towards a more prosperous America.
Determine whether the following production function exhibits constant, increasing, or decreasing returns to scale
Quantify cost savings associated with a cost-effective abatement allocation that could be achieved through trading. Illustrate what price must each tradable permit be set to achieve cost-effective solution.
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