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Suppose regression of y on x with a sample of size 37 yields 2 R = 0.4.
(a) What is the correlation coefficient between y and x?
(b) Interpret R^2.
Per capita income in County A is $45,000. Per capita income in County B is $38,000. Physician visits average 3.4 per year in County A and 3.2 per year in County B. What is the arc income elasticity of demand for visit?
President says that wages probably should be cut so that workers could not afford to miss so much work. Evaluate two views utilizing income and substitution effects in your analysis.
Illustrate what is the best measure of economic well being of individuals in society.
q. consider the following examples of economic activitiespurchasing of groceriesmassive layoff of employeesdecrease in
Why anyone would pay a positive price for a CBOT or NYSE seat and what this price represents. Second, explain why the seat values have changed so much in recent months.
Assume that the risk free rate is 4% (i.e. RF = 4% ) and the return on market portfolio is 10% (Rm = 10% ) use CAPM to calculate the cost of capital of Dell. Estimate Beta or systematic risk of Dell.
Remain in mind about your paper that is going to be read by people without previous knowledge of game theory.
You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Group 1’s elasticity of demand is -6, while group 2’s is -3. Your marginal cost of producing the product is $70. Determine your optim..
Assume a specific factors economy produces two goods, cloth and food, and that when representing the output of this economy graphically, cloth is on the x-axis and food is on the y-axis. movement of labor from a Foreign country to the domestic (Home)..
Suppose the interest rate on 6-month treasury bills is 7 percent per year in the United Kingdom and 4 percent per year in the United States.
How a tariff imposed by a small country on its imported good causes a loss of real income, in the sense of lower utility, or "well -being" on the part of consumers?
q. suppose that market demand for golf balls is described by q 90 - 3p where q is measured in kilos of balls. there
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