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From stock and Watson 3rd edition introduction to econometrics
Using the data set Teaching Ratings described, carry out the following exercises.
a) Run a regression of Course_Eval on Beauty. Construct a 95% confidence interval for the effect of Beauty on Course_Eval.
b) Consider the various control variables in the data set. Which do you think should be included in the regression? Examine the robustness of the confidence interval that you constructed in (a). What is a reasonable 95% confidence interval for the effect of Beauty on Course_Eval?
Discuss what policy changes he might be likely to propose with respect the issue that you identified as one about which he might be concerned.
Describe the Structural unemployment Individuals who are unemployed as their skills are no longer in demand where they live. This kind mainly results in longer spells and may r
Explain a circular flow of income in a frugal econmomy with diagram
Show the effects on the price level and real GDP of a major union wage settlement that significantly increases wages. Is this a supply shock, a demand shock, or both?
Ok... So if the price level is rising, this means that inflation is rising as well, so the value of the dollar in the US would decrease meaning that purchasing power decreases as
definition of cheap money
Gross Domestic Savings Income not devoted to current consumption is saved. In an economy during a particular year some units will consume less than their income while some wil
What are forms of price ceiling to lead inefficiency? Price ceilings frequently lead to inefficiency into the forms of: a. Ineffective allocation to consumers b. Wasted r
#question.Q8. In 1961, Germany faced the dilemma of an external surplus and a booming economy. As a result, speculative capital flowed into Germany and the Germans felt obliged to
using the fisher equation what can you infer about expected inflation in canada and in the united states?
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