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Which steps in the methodology of econometrics do you consider most important to 'get right' for the construction of a good econometric model? Why? If you were an economist, how would you ensure that your model made accurate predictions?
A price floor is set by the government to protect the producer of the good to which price floor has been attached. There're two possible outcomes for market in price floor setting.
. Assume the annual interest rate at 8% per year and the investments and withdrawals of funds are made at the end of each year. How much money you will need in this account right after your last deposit How much do u have to invest each year to rea..
It is often alleged that Japanese producers receive subsidies from their government permitting them to sell their products at a low price in the U.S. market.
How does an increase in the price of widgets affect the: And describe the effects in detail?
In the market for rewritable DVDs, explain whether the followingevents would cause an increase or a decrease in demand or anincrease or decrease in the quantity demanded. Also explain what happens to the equilibrium quantity and the market clearin..
Identify and describe the four sources of unemployment and the four types of unemployment. For each type of unemployment, indicate if public policy can be used to reduce the incidence of that kind of unemployment, and if so, indicate what policies..
consider this topic and converse with your fellow classmates about choice, opportunity cost, and comparative advantage with regards to personal brand in social networking sites and/or associations you might belong to.
Describe the difference between the specialist, market maker and electronic system for trading stocks. What are the benefits and detriments of each system How is the difference between the real estate market and the financial markets reflected in ..
1. explain key microeconomics terminology 2. differentiate between microeconomics and macroeconomics 3. create and use
since the AC curve in the problem is upward-sloping everywhere, it is not possible to construct a zero-profit equilibrium given the assumptions of the problem this outcome requires a U-shaped AC curve.
What is opportunity cost and describe with the help of an example, why assumption of constant opportunity cost is very unrealistic and also calculate point elasticity of demand
During that summer, he charged $1.69 each gallon for unleaded gas during daytime & $2.59 each gallon at night,
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