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For the given data, n=10, X̅ = 20, Y̅ = 40, ∑(X-5)^2 = 100, ∑(Y-20)^2 =160 and ∑(X-5)*(Y-20) = 80. Calculate the correlation coefficient ...
In case of Multicollinearity, if the Ri2(Coefficient of auxiliary regression on independent variables) is 0.80 and the variance of the OLS es...
GDP= 12000, tax rate was 15% of GDP, Private savings was 12% of GDP and public savings was 360. Find consumption level of closed economy.
Knife edge problem is associated with the following growth models?
Which policy tool is more effective under a fixed exchange rate regime according to the Mundell-Fleming Model?
Calculate Disposable income:
Consumption (C) = 300
Investment (I) = 50
Government purchases (G) = 70
Government transfer pay...
Consider a fractional reserve banking system with a legally required reserve-deposit ratio of m. Suppose that an individual deposits ID dollars in one b...
Suppose nominal GDP equals 1,000 units and money supply equals 250 units. Based on the quantity theory of money, the velocity of money equals.
