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9-4 Homework: Problem Set
Homework: Problem Set
GDP
Taxes
DI
C
I
G
C+I+G
1250
200
1050
800
300
200
1300
1500
200
1300
1000
300
200
1500
1750
200
1550
1200
300
200
1700
2000
200
1800
1400
300
200
1900
2250
200
2050
1600
300
200
2100
2500
200
2300
1800
300
200
2300
2750
200
2550
2000
300
200
2500
Solution
1. Calculation of Disposable Income (DI) at each level of GP is given below:
At GDP=1250, the Disposable Income is calculated as Disposable Income= (GDP-Taxes)
Substituting values from the table:
Disposable Income= (1250-200) = 1050
At GDP=1500, the Disposable Income is calculated as Disposable Income= (GDP-Taxes)
Substituting values from the ...
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E-Business
E-Business
ANSWER 1
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Regression Analysis
Regression Analysis
Question No # 1
SUMMARY OUTPUT
Regression Statistics
Multiple R
0.835478305
R Square
0.698023997
Adjusted R Square
0.677434724
Standard Error
38.26108281
Observations
48
ANOVA
df
SS
MS
F
Significance F
Regression
3
148889.8565
49629.95
33.90231
1.64557E-11
Residual
44
64412.06016
1463.91
Total
47
213301.9167
Coefficients
Standard Error
t Stat
P-value
Lower 95%
Upper 95%
Lower 95.0%
Upper 95.0%
Intercept
514.2669369
113.3315243
4.537722
4.36E-05
285.8622608
742.671613
285.8622608
742.671613
6-Pack Price ($)
-242.9707509
43.52628127
-5.58216
1.38E-06
-330.6922056
-155.2492962
-330.6922056
-155.2492962
Income/Capita ($1,000)
1.360181992
1.691791973
0.803989
0.425726
-2.049400646
4.76976463
-2.049400646
4.76976463
Mean Temp. (F)
2.931228055
0.711458375
4.120027
0.000165
1.497377934
4.365078176
1.497377934
4.365078176
Multiple Linear Regression Equation
Cans = 514.266 - 242.970*6-pack-price+1.36018*Income/Capita+2.93122*Mean Temp.
Question No # 2
Interpretation of Coefficient of Independent Variables
Demand Estimation Function
Cans = 514.266 - 242.970*6-pack-price+1.36018*Income/Capita+2.93122*Mean ...
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Week 9: Discussion 1
Week 9: Discussion 1
1) Discuss the weaknesses of the unemployment rate as a measure of unemployment / underemployment in the economy, especially given trends in labor force participation during recessions, and make at least one recommendation for remedial policies to improve unemployment, underemployment, and labor force participation ...
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Week 9: Discussion 2
Week 9: Discussion 2
1) Create an analogy that would help someone not at all familiar with economics to understand the connection between unemployment and inflation.
Let us consider that a Person A has $ 50 with him. This means that he can only spend $ 50 rupees. Whereas ...
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Policy Reactions to Recession
Policy Reactions to Recession
Keynes versus Orthodoxy/Classical Economics
Before the Great Depression and the advent of John Maynard Keynes, the classical or orthodox economists propagated the principles such as the invisible hand, free market policy, ability of the markets to correct themselves in the long run and inevitability of ...
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ASSIGNMENT 1
Assignment 1
Name of the Writer
Name of the Institution
Assignment 1
TASK 1
1.1Purpose of Different Types of Organisation
Organisation across United Kingdom has different types of organisational structure and culture, which hinder or help its development towards attaining these objectives. There are three types of organisational structures and culture:
Functional Structure
This type of ...
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MONETARY POLICY
Monetary Policy
Monetary Policy
Question # 1
Analyse the 'liquidity trap' with reference to Keynes and Krugman and give examples how this concept applies to the current economic crisis in the UK?
Answer # 1
A simple and new debt-driven slump is the Keynesian style model that is used in situations when a ...
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RUNNING HEAD ADATA TECHNOLOGY COMPANY
Economic Analysis Report for ADATA Technology Company
Table of Contents
About the Company2
A young company with exceptional growth2
Perfection through continuous improvement3
Strong commitment to Corporate Social Responsibility4
Operating Condition4
Capital Intensity4
Technology & Systems5
Revenue Volatility6
Regulation & Policy7
Industry Assistance8
Industry Performance9
Import penetration into the manufacturing sector9
Price of computers and peripheral equipment9
Consumer sentiment ...
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Economics
Economics
Introduction
The following assignment will discuss the effects of various factors on the economy of the country.
Discussion
The Economic Effects of Increases in the National Debt
The national debt is the sum of the budget deficit for the current period plus the interest that you are paying for the securities ...