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sample of 20 observations: Y = 15 – 5X. SSE was found to be 100 and SS total was 400. The assignment is to (a) determine the standard error of estimate; (b) determine the coefficient of determination; and (c) determine the correlation coefficient. Be sure to show work, and verbalize what each of these measures …

of 20 observations: Y = 15 – 5X. SSE was …Read More »

RIcardian ModelCountries: Home and Foreign•Goods: caps (C) and rails (R)Labor: L = 200 and L∗ = 300Perfectly competitive product and labor marketsUnit labor requirements: aLC = 10, aLR = 2, a∗LC = 40 , a∗LR = 5Question 1 . Now allow trade to occur between the two countries. What will be the range ofrelative prices …

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Could someone help me with a formula to determine probability? Including expected value.

Regarding the nation’s money supply, the Federal Reserve – has no ability to influence its magnitude or its rate of growth ​- precisely sets the amount of money in circulation in consultation with the congress ​- can influence its future growth ​- gives the u.s. treasury the authority to print as much as it wished

Personal income is equal to – NDP minus national income – disposable personal income plus personal income taxes ​- disposable personal income plus personal and corporate income taxes – national income minus (corporate income taxes and social security)

Proponents of the policy irrelevance proposition believe that, under the assumption of rational expectations, the unemployment rate will ​- go up whenever the fed announces an anticipated monetary change ​- go down whenever the fed announces an anticipated fiscal policy change ​- equal the natural rate of unemployment in the long run, regardless of monetary …

of the policy irrelevance proposition b…Read More »

Name some senior management support and enforcement policies that should occur in the banking industry concerning fraud.

An expansionary monetary policy is one that – stimulates aggregate supply – reduces aggregate supply and aggregate demand – stimulates aggregate demand ​- reduces aggregate demand while stimulating aggregate supply

total reserves are ​- required reserves plus vault cash ​- required reserves plus excess reserves – required reserves – excess reserves

Suppose the demand for low skilled labor is given by:QD=80−10wThe supply for the low skilled labor is given by:QS=10wwhere QD is the hours of labor demanded,QS is the hours of labor supplied and w is the wage (in dollars per hour). The labor market is perfectly competitive.Task 1: What will be the free-market equilibrium wage …

the demand for low skilled labor is given
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