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Your regression of 41 observations and 5 regressors shows adjusted R2 =0.24. What is the value of R?
Supposed we include X1 in our single regression € Y = β0 + β1X1 + u , but we leave out X2, a variable that is negatively correlated with the included variable X1. X2 is a determinant of Y (the dependent variable), and the effect of X2 on Y is positive. The effect of X1 on Y is negative. What is the consequence of leaving X2 out of the model?
Suppose 30% of the population of working people in a country have a high school degree or less. If the average annual earnings for that group is $35,000 and the average earnings per year for the more educated group of people (people with more than a high school diploma) is $70,000, then you can say that the average annual earnings for the working population of the country is
Why is it often difficult to develop a realistic analysis?
Differentiation strategies vary in degree of effectiveness from one type of market structure to another. For firms other than perfect competition
Back in July 2009, Matt Kistler, a senior vice-president at Walmart, claimed the company was making progress on achieving three major goals: (1) to be supplied by 100% renewable energy; (2) to create zero-waste; and (3) to increase the sale of renewa..
Contraction GAP, Illustrate what does a Contraction Gap imply about the actual rate of unemployment relative to the natural rate.
12. mrs. smith is operating a firm in a competitive market. the market price is 6.50. at her profit-maximizing level of
The annual federal budget is the plan for obtaining and expending revenue of the federal government. In a minimum of two paragraphs, describe the source(s) of government revenue and the types of expenditures in the typical federal budget.
Export and import practices are at the heart of a country’s trade balance with the rest of the world? Why do some countries subsidize their exports when WTO regulations do not allow that? Are global companies such as Intel, Cisco, Microsoft, oracle, ..
Aggregate Demand-some-not all--of these and/or other terms from this week. Explain how can tax cuts help revive the economy.
The strategy of tit-for-tat is
How do such policies impact product price and industry output and employment? Are these kinds of policies easy to implement in practice? How has globalization of production affected our ability to control pollution?
Corporate bonds are often purchased as a conservative investment strategy. What is the difference between a Coupon Bond and a Zero Interest bond? Identify at least three (3) possible effects of an increase in the money supply on interest rates
Illustrate what is the most effective process of decreasing the quantity of drugs consumed and decreasing the amount of drug-related crime.
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