Question
Calculate the F-statistic , given the unrestricted
R2 value is 0.60. Number of restricted parameters are 7 and total number of observations are 108.Solution
Which of the following statements is/are true?
(1) Outsourcing of services is an outcome of globalisation.
(2) Privatisation implies ...
What is the degree of homogeneity in case of Constant Elasticity of Substitution production function?
Suppose that the (inverse) market demand for good A is given by P = 400 - 2Q Where Q is total industry output. There are two firms that produce A. Ea...
The __________________test in econometrics begins by assuming that a defining point exists and can be used to differentiate the variance of the error term.
An analyst has data on wages for 100 individuals. The arithmetic mean of the log of wages is the same as:
Suppose that a firm has the cost function for a plant as given below
C(w, r, q) = 0.5q(w+r)
where q is output, w is the cost of labour l a...
In a small open economy with a floating exchange rate, the supply of real money balances is fixed and a rise in government spending ______
_____________________Effect is an effect that describes the relationship between an increase in productivity, higher exchange rates and an increase in w...
GDPf = Gross Domestic Product at Factor Cost; GDPm = Gross Domestic Product at Market Price; NNPf = Net National Product at Factor Cost; C = Consumptio...
Consider a closed economy wherein
C = 0.8 Yd , t = 0.25 , I = 900 – 50i , G = 800, L = 0.25 Y – 62.5i , M/P = 500
Where in Yd = Di...
