Category: Economics > Macroeconomics Subject: calculate autonomous aggregate demand / short-run output / multiplier Details: C = 350 + 0.75(Y-T) - 200r Ip = 200 - 500r G = 250, T = 200, NX = 50 r = 5.75% Answer the following questions using the above information. Show workings. a) Caluclate autonmous aggregate de
a. using the table above plot a graph of predicted change against actual change b. Find the sample correlation between predicted change and actual change c. Fit by least squares the regression of actual change on predicted change
From a cross-section sample on average costs (C) and output (O) for 30 firms (10 small, 10 medium and 10 large) the following OLS estimates were obtained... a) How do I Interpret the estimated equations and use an F Test to test the hypothesis that there is no difference in the cost functions for small, medium and large firms
Consider the data found in the file, "gas10." You are interested in the effect that a gas tax has on petroleum consumption. The data is cross-sectional and the variables are as follows: PCON = petroleum consumption (millions of BTU's) REG = motor vehicle registrations POP = population TAX = gas tax (cents per gallon) a) R