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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.
Consider the head of a company that makes apparel and equipment for outdoor enthusiasts must decide what to do about increased counterfeiting of the firm's products.
Suppose that in the Akerlof example, there are only eight cars ranging in quality from 1/4 to 2 (there is no complete lemon). Hence, the mean quality level is 1.125. Determine whether the market disappears completely, and if not, how many cars will b..
How much would it cost to pay five workers at the U.S. federal minimum wage to do the same job in the same amount of time?
Which of the following kinds of unemployment is the hardest to reduce?
Evaluate the "Accuracy" of the forecast for the "hold out period" using RMSE and MAPE error measures used from forecast period residuals and comment them.
Through the 1990s government purchases of goods declined as portion of overall output, in part because of the end of the cold war. If we ignore trade and treat the U.S. as a closed economy, what would be the predicted long-run result of this shift on..
A. How would this impact policymakers' ability to use policy B. What would Congress be forced to do during a recession What is the mostly likely impact of the policy
the bureau of labor statistics showed an astonishing 5 percent gain in productivity in 2001s fourth quarter. some
Which of the following public policies restricts competition? A. Licensing B. Patents C. Import quotas D. All of the above
Describe the opportunity and accounting costs of "Going Green." Use a specific example to illustrate your point. For example, purchasing a Chevy Volt.
1. find thenbspy-intercept of the line represented by the following equation.nbspnbsp-2xnbsp 2ynbsp 162. write the
Determine the equilibrium market price and the equilibrium market output level and determine the individual's firm's level of profit. Profit = TR - TC
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