Q1. According to Okun's law, if output grew 7% and full-employment output rose 5%, what would be the change in the unemployment rate?
Q2. When Reliant variable is censored, what happens to OLS estimates?
Elucidate the most excellent technique to use with censored data?
Q3. How would a gradual increase in the percentage of fathers who stay home to care for young children while their wives continue working ultimately alter the male-female wage gap?