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- 19Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure.Mary is a corn farmer in Iowa. If she does not irrigate her field, she can produce 120 bushels of corn per acre. If she applies 4 inches of irrigation water, she can produce 140 bushels of corn per acre. The application of 8, 12, and 16 inches of irrigation water can result in 160, 180, and 200 bushels of corn per acre, respectively. Graph the relationship between the amount of water applied and corn yield for Mary. What is the slope?
- 4. Consider the situation in which player 1 knows what game is played (the first or the second). But player 2 only knows that the first game is played with probability 1/3 and the second game is played with probability 2/3. Player 1 Player 1 Player 2 S B S 1,1 0,0 B 0,0 0,0 Player 2 S B S 0,0 0,0 B 0,0 2,2 (a) Describe the game as a Bayesian game. (b) Find the Bayesian Nash equilibria.4. Explain the difference between bias and precision in econometric analysis. As a seasoned econometrician, to which of these two attributes do you ascribe more importance?1. Consider you toss two dices separately, and you get whatever the number above the dice. You know that the first dice is fair, but there is a 0.30 probability that outcome will be 6, and 0.30 probability that outcome will be 1 in the second dice. Each of the other outcomes has a probability 0.10 for the second dice. Which dice has the higher variance?
- X剪下 - 12 A A 自動換行 通用格式 回填滿。 新細明體 條件式格式格式化為儲存格 設定。 插人 删除 格式 圈。%98 -98 00 .00 0 ◇清除。 G複製。 貼上 《製格式 表格。 樣式v B IU、田、 ◇、A、 、三三三 三正園跨欄置中 樣式 儲存格 編标 數值 字型 對商方式 剪貼薄 不要再顯示 另存新檔. 可能發生資料遠失如果將活夏簿儲存為文字(txt)格式,會遺失部分功能,若要保留這些功能,請將活頁適儲存為Excel.檔案格式, vį X v fx J M D F G A B 2019 2,844.56 2,844.56 2020 Estimates Start After 2,671.57 2,688.54 Scale Country/S 2016 2017 2018 1 Country Subject Descriptor 2 Hong Kon GrOss domestic product, constant prices 3 Hong Kon Gross domestic product, current prices 4 Hong Kon Gross domestic product per capita, constant prices 5 Hong Kon Gross domestic product per capita, current prices 6 Hong Kon Unermployment rate Units 2020 2,893.16 2,835.12 2.710.34 2,490.44 367,398.57 2,813.09 2,659.38 379,474.85 386,455.17 378,225.72 359,647.43 358,741.15 378,702.58 378,225.72 361,931.53 3.127 Billions Source: Na National currency National currency National currency 2020 Billions Source: Na 2020 Units See notes I 2020 National currency Units See notes 1 337,590.38 Percent of total…220
- 10 co Interest Rate (%) N B Investment Demand O E 0 $30 60 90 120 150 Investment ($) Price Level 0 AS Q₁ Real GDP ($) AD, (I=120) -AD₂ (I=90) *AD, (I=60) Refer to the above graphs, in which the numbers in parentheses near the AD₁, AD2, and AD3 labels indicate the level of investment spending associated with each curve, respectively. All numbers are in billions of dollars. The interest rate and the level of investment spending in the economy are at point C on the investment demand curve. To achieve the long-run goal of a noninflationary full-employment output Qf in the economy, the Fed should: decrease aggregate demand by increasing the interest rate. make no change in the interest rate. increase aggregate demand by decreasing the interest rate. increase aggregate demand by increasing the interest rate.8. What are the main assumptions of the Maximum Likelihood Approach? Why they are important? How does it compare to Ordinary Least Squares?A4
