Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The following model shows the consumption function given:
Ct = ADtβ2
Where A and β2 are unknown constants and D is disposable income. (a) Show how by taking logarithms of the above equation, a linear equation may be obtained.
(b) interpret β. The estimated model is given by:
log Ct = 55.78 + 0.764 log Dt
R2 = 0.89, values in brackets represent t-ratios.
(c ) Interpret the above results
(d) What the reasons behind the existence of multicollinearity and comment on the measures that can be used to deal with such a problem?
(e) What are the assumptions underlying the Classical Linear Regression Model?
During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following markets are affected in terms of
meaning of average revenue
Shifting the PPF Curve To raise the manufacturing of one good without reducing the production of the other, the PPF curve should shift outward. The PPF curve shifts outward as
GROWTH OF REGIONAL FINANCIAL INSTITUTIONS: We find many levels of groupings of nations in the international arena. Groups of countries that share borders often have semi-perma
Profit: This is surplus left over after a company sells its output and pays off cost of production (which includes raw materials, labour costs and a proportional share of its capit
explain two theories of economic rent
is it just assumed that a monopoly graph is showing economic profit instead of accounting profit
Factors of Production Factors of production are the resources that are utilized to manufacture goods and services: 1. Natural resources: The things developed by acts of n
Income and Substitution Effects: Normal Good * The Special Case--The Giffen Good - The income effect may be large enough theoretically to cause the demand c
Niche Operators: It is assessed by TRAI that despite the USO support, existing big service providers would not be interested to serve about 50 per cent of the villages. To add
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd