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From stock and Watson 3rd edition introduction to econometrics
Using the data set Teaching Ratings described, carry out the following exercises.
a) Run a regression of Course_Eval on Beauty. Construct a 95% confidence interval for the effect of Beauty on Course_Eval.
b) Consider the various control variables in the data set. Which do you think should be included in the regression? Examine the robustness of the confidence interval that you constructed in (a). What is a reasonable 95% confidence interval for the effect of Beauty on Course_Eval?
Supply of labor, L S (W/P), depends positively on real wages in classical model. It isn't always clear which individuals are included in the labor supply. Labor supply may consist
A monopoly has a total cost function of C(Q) = 8Q and faces a market demand Q = 100 ? 2p, (a) calculate the deadweight loss; (b) The firm now spent an amount equal to half of
effects of tax increase on the gross domestic product
what is credit creation process
Which is not true of the difference between sampling error and standard error? a. Standard error is a difference from the population. b. Sampling error can't usually be calcula
#“Nominal GDP declined between 2008 and 2009, therefore the GDP deflator must also have declined.”
Usually the government is very good at wasting money and resources so less spending, by the government helps the economy as those resources are allocated in areas that are more wel
Good X is produced in a competitive market using input A. Explain what would happen to the supply of good X in each of the following situations. The price of input A decreases.
A vital question is whether the equilibrium we have identified in labor market (with a high unemployment rate) can remain in long run. Will there not be adjustments which will take
Q. Show the equations of the AS-AD model? The equations of the AS-AD model To précis the AS-AD model, we can have a glance at its equations. IS-LM model was "solved" by s
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