Econometrics questions and answers in December 2022

Determine whether each of the following would cause a shift of the aggregate demand (AD) curve, a shift of the aggregate supply (AS) curve, neither, or both. Which curve will shift, and in which di...

Please answer all questions.. Next we estimate a probit model and obtain the following results: probit vhappy i. unemle c. educ c. children c. tvhours i . regattend, r; Iteration 0: log pseudolikeliho...

Refer to the accompanying normal-form game of advertising depicted here. Firm A Firm B Advertise Do Not Advertise Advertise $0, $0 $175, −$100 Do Not Advertise −$100, $175 $125, $125 Consider the ...

A standard set of products, purchased in standard quantities that rarely change. We know from experience that consumer tastes change all the time, and new products are introduced regularly. How does...

General Mills and Kellogg's, major rivals in the breakfast cereal market, decide simultaneously on their advertising strategies. Each has five options, A through E. The following table shows their net...

A local Pilates studio recently began offering a monthly subscription service for its patrons.Suppose a particular patron at this studio has the following willingness-to-pay schedule, per session. Ses...

Suppose the Fed engages in open market sales but the federal funds rate remains unchanged. What could be going on in the reserve market? A. It could be the case that the supply curve currently i...

. 8.Which % of the following methods would be appropriate for estimating the impact of a scholarship program on schooling outcomes in which selection into treatment is based exclusively on achieving...

. Monopolistic Markets (5 pts each for a total of 20 pts) Suppose the demand curve for a good produced in a monopolistic market is given by the equation P = 300 - 10Q. Further suppose that the total...

Telstra, a telecom company, pays a fee to a bank for its consulting service during an issue of bonds. Telstra has a deposit account at that bank. The central bank deposit at the bank receiving the f...

I HAVE UPLOADED ALL THE QUESTIONS!!! I KINDLY REQUEST YOU TO SOLVE ALL OF THEM STEP BY STEP SO THAT I CAN PREPARE FOR MY EXAM THANK YOU!!. Page 2 of 3 O ZOOM + 2. Suppose a "large country" H...

I have uploaded the questions and i kindly request you to solve all of them step by step so that i can prepare for my exams. Thank you. . (3) Joe Rogan - N X (3) Andrew Schul: x (3) YouTube X Ungrad...

. Math for Economics (Fall 2022) Final Review Problems 1. Given F(x) = f*(g(x)) =f[g(x)]', 8(1)=2, g (1)=3, f(2) =4, and f (2) =5, find F (1). 2. Show that if f and g are twice continuously differen...

What happens to equilibrium price and quantity in the market for guitar strings when there is a simultaneous increase in the price of guitars and an increase in technology which lowers the cost of pro...

. You are an econometrician trying to ﬁgure out how anti-smoking campaign ads (a) effect quitting cigarettes. You have a dataset which gives you information on the shows and times that past-year s...

Will the presence of autocorrelation in residuals suggest that forecasts are not efficient in the sense that the forecasters do not fully incorporate all relevant information in predicting GDP growth?...

Part 1 1. Create the advertisement for a product of your choice. The product may be real or imaginary; if you choose a real product then you must create new advertisement. In other words, your adver...

. Which of the five classical regression assumptions are required to prove that the OLS formula for b1 is equal to _diyi/ Linx; (where y; and i denote mean-difference testscr; and str; respectively)...

Conceptual Questions 2 The Affordable Care Act was intended to address systematic health inequalities for Americans lacking health insurance. Expansion of Medicaid was a key component of the ACA legis...

Target just suffered from a data breach because of an unknown threat which compromised the servers. The attack cost the company almost 2 million dollars to pay for damages suffered by customers, notif...

Roughly some answers will do, there is no standard answer. You are interested in the question of whether smartphones effect fertility. You have information on what the year 3G technology enters a coun...

Setting Reading and Language classes Both have fine motor struggles and their reading and language scores are low Owen - reading and languages written skills Struggle with fine motor skill...

A firm produces 100 units of output at a total cost of $1,900. If fixed costs are $100, a. average total cost is $20. b. average fixed cost is $19. c. average variable cost is $18. d. average total...

Suppose that for a particular firm the only variable input into the production process is labor and that output equals zero when no workers are hired. In addition, suppose that the average total cost ...

. Suppose you want to make inference on the association between teacher—student ratios and test scores for all elementary schools in California. However. ratherthan being randomly selected, your s...

. Consider the following sets of assumptions about your population. Which set of assumptions would allow you to interpret 31 as the causal effect of teacher-student ratio on test scores? O CR1, CR2,...

. What is the primary difference between the errors &; and e;? O Ei is always smaller than ei. O Ei is always larger than ei. O There is no difference-they'll be the same if CR1 is satisfied. O ...

Run the following code: library(plm) library(AER) data("Fatalities") Fatalities_88 <- Fatalities[which(Fatalities$year == 1988), ] model_1 <- lm(Fatalities_88$afatal ~ Fatalities_88$spirits + Fa...

A manufacturer (player 'B') wishes to produce and market a new device. To this end, B enters into a relationship with a supplier (player 'S'), who will design the device. The contractual relationship ...

TRUE or FALSE ? please explain your choice briefly in at most 3 sentences. 1. Let us assume that Madagascar has no laws barring insider trading while UK has stringent laws outlawing insider trading...

I am currently writing a summary of an empirical research paper. However, I have some problems in describing the data part. What do you think should be definitely mentioned (data source, identificatio...

Section 2: Economic Concepts a) Education Production: Provide an education production function representing each of the following educational outputs. Each production should be written in the form ?...

1. Why should we ensure that all students have access to affordable education? 2. Why should we ensure that colleges and universities are providing a quality education? 3. Why should we ensure that ...

2) (The monetary returns to education and the gender gap) What are the determinants of a person's earnings? How do earnings depend on education attainment? Does gender play a role in determining earni...

This question is inspired by the following paper: Chan, Nathan W., and John W. Morrow. "Unintended consequences of cap-and-trade? Evidence from the Regional Greenhouse Gas Initiative." Energy Economic...

1：Does ASEAN has the potential to bring the people of Southeast Asia together into a political union similar to the European Union? What stands in the way of such a union emerging? 2： Monarchy has...

Using 352 observations on 44 rice farmers in the Tarlac region of the Phillipines for 8 years from 1990 to 1997, we estimated the relationship between tonnes of freshly threshed rice produced (PROD), ...

Here is an interesting video of BMWs that are made in the USA. Once you have watched the video, I want you to answer the following questions for this assignment. THE LINK FOR THE VIDEO: https:...

Let Y and X be two random variables and let E(Y/X) conditional expectation function. Which of the following is true for the law of iterated expectations? I. The law says that if we take the expectatio...

. a. Using technology, construct a regression model using all three independent variables. (Let variable Gender be the dummy variable for X3. Assign a 1 to a male.) Complete the regression equ...

. Which of the following is NOT an example of an endogeneity problem. O One of your right-hand-side variables is measured with error. O You have omitted a variable from the model that is correlated ...

You are interested in studying what causes economic growth. You think that an important part of the explanation may be related to the quality of institutions. In particular, you think that respect for...

Analyze the following panel data regression Independent variables: Foreign born participation rate, Native born participation rate, Foreign-born population. Dependent variable: GDP per capita Cont...

There are 4 threats to the "correct" calculation of the t-test statistic: omitted variable bias, heteroskedasticity, and autocorrelation. For each of these threats explain i) which assumption of OLS...

. 2. For a logit or probit model, is the change in an explanatory variable x required to increase the probability that y = 1 from 0.4 to 0.5 greater than, less than, or equal to the change required ...