What would be three independent variables you would use

Reference no: EM133717402

Problem

I. You want to study the effect of extra sleep on college students' GPAs. What would be your dependent variable? What would be 3 independent variables you would use? Explain why the assumption of ceteris paribus is important when you create this model.

II. Identify a resource that we commonly use that is free.

III. Draw a PPC for a country that produces a lot more Y than X. Then show on your graph what would happen if a new technology is introduced into the economy that increases the productivity of making X but has no effect on making Y.

Reference no: EM133717402

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