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i) Briefly distinguish between the Cournot duopoly model and that of Stackelberg. ii) Suppose the inverse market demand curve for a telecommunications equipment is P = 10
when is an econometric model said to be simple and naive
Given for a closed economy: C = $20 + 0.50Y D I = $40 G = $10 Y D = Y- T 0 T 0 = $5 Determine: (a) the equilibrium
What is the ADF max test?
what is role of education in economic development?
what is the mathematical origin of durbin watson test for autocorrelation
(a) What is a white noise process? (b) Distinguish between exogenous and endogenous variables, using examples. (c) What do you understand by simultaneity bias and can OLS
Regression Analysis
expected solution plus hypothesis
compare the price elasticity of demand on two parallel demand curves for a given price and for a given quantity
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