Please answer true / false / uncertain to the statement and EXPLAIN THE ANSWER. Whenever there...
Please answer true / false / uncertain to the statement and EXPLAIN THE ANSWER.
Whenever there is a true causal effect, our estimates of that causal effect will always be statistically significant.
Homework Answers
The statement is true because true causal effect means that the independent variable will cause the occurrence of the dependent variable in any study, therefore, the estimates of the independent variable that causes an effect on the dependent variable will be statistically significant.
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Please answer true / false / uncertain to the statement and
EXPLAIN THE ANSWER.
Whenever there...
Please answer true / false / uncertain to the statement and EXPLAIN THE ANSWER. If the...
Please answer true / false / uncertain to the statement and EXPLAIN THE ANSWER. If the relationship between variables y and x has “jumps” and “kinks,” then it cannot be described with a linear model.
Please answer true / false / uncertain to the statement and EXPLAIN THE ANSWER. Measurement error...
Please answer true / false / uncertain to the statement and EXPLAIN THE ANSWER. Measurement error in the dependent variable has no effects on the results of a regression. It only matters when it is present in the explanatory variables.
Problem 4 Please determine whether the following statement is true or false and explain your answer...
Problem 4 Please determine whether the following statement is true or false and explain your answer using both intuition and graph (if the statement is false, you have to provide the counterexample, if true - all possible cases) Substitution effect is always higher than income effect for the inferior good (consider only monetary income) DE
True/False/Uncertain. For each question, answer “True” or “False” or “Uncertain” and explain your answer. (1) In...
True/False/Uncertain. For each question, answer “True” or “False” or “Uncertain” and explain your answer. (1) In any game between two firms that is repeated only once, the outcome will be perfect competition (P=MC). (2) Suppose that regulators decide to increase the gasoline tax by 25 cents per gallon to combat global warming. Then consumers will pay substantially more for every gallon of gas they purchase.
For each statement, decide whether it is True, False or Uncertain and explain why briefly 1-...
For each statement, decide whether it is True, False or Uncertain and explain why briefly 1- Y=w*L + r *K , where Y is GDP, is this equation true? And if it is, can you explain the intuition? 2- Output is a function of Capital and Labor. In the Solow growth model, you can save and grow your capital indefinitely, and then your economy will always grow and standards of living will rise forever. 3- In the neoclassical model, government...
1. Explain whether the following statement is true, false, or uncertain. Be explicit about your assumptions....
1. Explain whether the following statement is true, false, or uncertain. Be explicit about your assumptions. Support your answer by a graph. "If a person is a lender and the interest rate rises, he or she will remain a
define the following statement, is it true, false or uncertain? please answer in detailed explanation. A.4...
define the following statement, is it true, false or uncertain?
please answer in detailed explanation.
A.4 In Canada as well as elsewhere the slope of the Phillips curve the relationship between inflation and cyclical unemployment) has flattened, implying that changes in cyclical unemployment are exerting less of an influence on inflation. This flattening of the curve is difficult to rationalize based on the various models you have studied in class.
True, false, or uncertain: technical efficiency leads to allocative efficiency. Please explain why and include the...
True, false, or uncertain: technical efficiency leads to allocative efficiency. Please explain why and include the definition of technical efficiency and allocative efficiency in the answer
True, False, Uncertain [18 marks - 6 marks each] Explain why each statement is true, false,...
True, False, Uncertain [18 marks - 6 marks each] Explain why each statement is true, false, or uncertain. 1. The opportunity cost of a point in the interior of the production possibilities set is equal to zero 2. If a country has absolute advantages in the production of all goods, then no trade will take 3. There is a commercial ban on trading ivory, but a black market has developed. Ivory from up because resources are being used efficiently. place....
5) (20 points) For each statement, say if it is True, False, or Uncertain. (Not if...
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Problem 4 Please determine whether the following statement is true or false and explain your answer using both intuition and graph (if the statement is false, you have to provide the counterexample, if true - all possible cases) Substitution effect is always higher than income effect for the inferior good (consider only monetary income) DE
For each statement, decide whether it is True, False or Uncertain and explain why briefly 1- Y=w*L + r *K , where Y is GDP, is this equation true? And if it is, can you explain the intuition? 2- Output is a function of Capital and Labor. In the Solow growth model, you can save and grow your capital indefinitely, and then your economy will always grow and standards of living will rise forever. 3- In the neoclassical model, government...
1. Explain whether the following statement is true, false, or uncertain. Be explicit about your assumptions. Support your answer by a graph. "If a person is a lender and the interest rate rises, he or she will remain a
define the following statement, is it true, false or uncertain?
please answer in detailed explanation.
A.4 In Canada as well as elsewhere the slope of the Phillips curve the relationship between inflation and cyclical unemployment) has flattened, implying that changes in cyclical unemployment are exerting less of an influence on inflation. This flattening of the curve is difficult to rationalize based on the various models you have studied in class.
True, False, Uncertain [18 marks - 6 marks each] Explain why each statement is true, false, or uncertain. 1. The opportunity cost of a point in the interior of the production possibilities set is equal to zero 2. If a country has absolute advantages in the production of all goods, then no trade will take 3. There is a commercial ban on trading ivory, but a black market has developed. Ivory from up because resources are being used efficiently. place....
5) (20 points) For each statement, say if it is True, False, or Uncertain. (Not if you are uncertain, but if the statement cannot be determined to be true or false.) AND, briefly explain and support your answer. a) Adam Smith, in The Wealth of Nations, argued that everyone should pay the same amount in taxes, like a flat tax b) By removing a 50 cent per gallon excise tax on gasoline, consumers would see a decrease of 50 cents...
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