Which version of the model is consistent with correlation

Assignment Help Business Economics

Reference no: EM133328053

Question 1. The average percentage change in housing net worth from 2006 - 2009 (great depression) is about -3962%, while the decline in housing prices of just over 20% between 1929 and 1932. Does it make sense to compare directly the nominal declines in housing prices between these two periods?

Question 2. for each of the 3 groups of employers (tradeable, non-tradeable less than 4 employees, and non-tradeable more than 100 employees), the average growth in employment growth between 2007-2009 is respectively "-103, 97%, 183%". How would you explain this pattern?

Question 3. the correlation between growth in employment across the tradeable and non-tradeable sectors is about 0.06. Which version of the model (flexible or fixed wages) is consistent with this correlation?

Reference no: EM133328053

Questions Cloud

Explain three reasons for implementing trade restrictions : List and explain three reasons for implementing trade restrictions (protectionism). List and explain three reasons against implementing trade restrictions

Promoting the establishment of trade network : What role did the Abbasid Empire play in promoting the establishment of a trade network extending from East Asia to the Mediterranean Sea and beyond?

Explain how a monetary union can lead to crisis : explain how a monetary union can lead to crisis if (i) a country has a higher level of inflation than other countries in the union, or (ii) its fiscal deficit

Create a profile of the business that is coming to georgia : Create a profile of the business that is coming to Georgia. Include country of origin, types of products, number of facilities globally, number of employees

Which version of the model is consistent with correlation : The average percentage change in housing net worth from 2006 - 2009 (great depression) is about -3962%, while the decline in housing prices of just over 20%

Definition of terrorism : Why is it important to know and keep in mind Professor Eric Foner's definition of terrorism when attempting to answer a question like this?

Compare these films that were based on real events : Compare these films that were 'based on real events' to what actually happened -- as detailed as possible and explain how faithful to reality the movies were.

What reactor component is being protected : What reactor component is being protected? What hazard is being minimized? How is this achieved

Describe major social-economic-political : Describe the major social, economic, political, and intellectual changes that transformed conditions in Western Europe during the period 1050-1350.

User Account

All Pages