Explain how are the numbers of endogenous related
Discuss the difference between the partial-equilibrium models and general-equilibrium models. Explain how are the numbers of endogenous and exogenous variables related to whether a model is a partial-equilibrium or general-equilibrium model?
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Explain some of the inconsistencies that made economists skeptical of the value of large, structural macroeconomic models? Discuss how did the overconfidence of macroeconomists after the long expansion of the 1960s lead to the inflation of the 19
Discuss the major components of the market for goods and services. What key macroeconomic variables influence spending on those components?
You're interested in looking at whether air pollution has effect on violent crime rates. More precisely, you believe that everything else being equal the more polluted is the air, the more aggressive people become which results in higher violent c
The thickness of conductive coating in micrometers has a density function 600x-2 for 100 micrometers<x<120 micrometers. Determine the mean and variance for the coating thickness. If the coating cost is $0.5 per millimeter of thickness on eac
Discuss the difference between the partial-equilibrium models and general-equilibrium models. Explain how are the numbers of endogenous and exogenous variables related to whether a model is a partial-equilibrium or general-equilibrium mode
Provide two recommendations for making the approach you selected even better and explain your reasoning for doing so. Based on some of the reference provided analyze the approaches to addressing poverty in the US and calculate which has been
What myths have the work of his foundation debunked and can what he has learned work here at home? Bill Gates argues that world poverty as we know it can be ended by 2020.
Select a model that you have some knowledge with and calculate what types of specification errors you might encounter. Give examples to support your response.
Suppose you have 100 identical customers, each with relevant demand function Q = 20- P (where P is the per-hour fee and Q is the hours per week).
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