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Obtain monthly unemployment data from 1/1/2010 to 12/31/2014 for the following areas; Minnesota, FRB-Minneapolis Area, Sterns county in MN. Answer the following questions for each data series separately. A. Provide the time series plot. B. Identify the time series characteristics. Explain. C. Assuming no cyclical pattern, provide the best regression model for each data series. D. Run the regression model using E-views. E. Explain the validity of the model. F. Do we find autocorrelation issue in the model? Explain your answer. G. Provide the Residual plot. Describe the distribution of residuals. H. Provide the monthly forecasted unemployment rates for 2015. For State Data: Home > FRED® Economic Data > Categories > U.S. Regional Data For Federal Reserve District Data: Home > FRED® Economic Data > Categories > U.S. Regional Data > Federal Reserve Districts > Minneapolis For County Data: Home > FRED® Economic Data > Categories > U.S. Regional Data > States > Minnesota > Sterns 2.Based on the forecasted values, provide a comparative labor market analysis on unemployment rates across the three regions for year 2015.
1. according to the law of demand other things remaining the same if the price of a gooda. rises the quantity demand
Why is income inequality regarded by many people as a form of market failure and describe how tax creditsare used in New Zealand to modify the distribution of income
Which of the following curves- average fixed cost, average variable cost, average total cost, and marginal cost- would shift as a result of the lump-sum tax Why Show this in a graph. Label the graph as precisely as possible.
Normal 0 false false false EN-US X-NONE X-NONE Suppose a firm's production..
Canadian minister of defence announces $9million purchase of 65 new fighter jets. Assuming that aggregate out put is demand determined and that the .f-35 jets are purchased domestically.
this question is concerned with the value of major league baseball mlb franchises. the data was obtained for all u.s.
Identify what problem this economy is facing and describe two specific policies the Federal Government might follow assuming the MPC in this economy is 0.67. Provide specific numbers when describing the outcomes of the two different policies and e..
Plot a graph of GDP per capita against life expectancy for the countries shown. Does your plot con?rm the Pritchett and Summers ?nding?
Assume that the u.s. has 400 units of K (capital) and 300 units of L (labor) while Mexico has 75 whits of K and 125 units of L. In both countries it takes 3K/L to produce each unit of X but only 2K/L to produce each unit of Y. Which nation has the co..
What is Malthus’ theory of effective demand? What is Malthus’ solution to the problem of general gluts? Describe how Ricardo and Malthus came to different conclusions concerning the Corn Laws.
currently the interest yield on short term treasury bills is near zero. longer term rates for mortgages are under 4.
The manager of a public utility supplying electricity to a significant portion of a geographic region presides over an electrical generation facilities that can make electricity using either natural gas or oil,
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