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Calculate the value of MPC when MPS is given to be as 0.82
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- Explain in detail the autocorrelation consequences in assumption of the OLS estimators.Suppose the relationship between the government's tax revenue (T) and national income (Y) is represented by the equation T=10+0.25Y. Plot this relationship on a scale diagram, with Y on the horizontal axis and T on the vertical axis. Interpret the equation.Question 22 A computer depreciates 32% per year. A computer is bought for $1200. What is an equation to model this where V is the value of the computer and t is the years that passs since it is bought. Ov= 1200(-0.32)t OV= 1200(0.32) OV = 1200(1.32) OV = 1200(0.68) Question 23 A computer depreciates 32% per year. A computer is bought for $1200. What is an equation for the year since the comupter is bought as a function of the computer's worth? Ot=10g0.68 (1200)
- Briefly describe the concept of VIF (what is it, why do we use it) and explain how to calculate VIF in a model with 3 independent variables.If the value of MPC is 0.25 Find the value of MPS.Use a software of your own choice to calculate the daily log prices (lp) and daily log returns (Ir) i. Examine the descriptive statistics of both lp and Ir. What do you conclude about the distributions of lp and Ir? Is lp normally distributed? Is Ir normally distributed? Obtain the correlograms, and examine the autocorrelations and partial autocorrelations for both lp and Ir. What do you conclude about the behaviour of lp and Ir? Are they stationary/non-stationary? ii. iii. Are your conclusions about stationary/non-stationary of lp and lr confirmed by appropriate unit root tests?
- The world's population living in extreme poverty has declined linearly between the years 2005 and 2011. In 2005, the percentage of the world's population living in extreme poverty was 20.70% and in 2011, the percentage of the world's population living in extreme poverty was 13.70%. Determine a linear equation that models the world's population in extreme poverty, in percentage, as a function of years since 2005. What is the slope of this function, and what does it tell you in practical terms? Round your answer to the nearest hundredth (0.01). Om = -7.00. The world's population in extreme poverty decreased by 7 percent per year between the years 2005 and 2011. Om = 7.00. The world's population in extreme poverty increased by 7 percent per year between the years 2005 and 2011. Om = 1.17. The world's population in extreme poverty increased by 1.17 percent per year between the years 2005 and 2011. Om = -1.17. The world's population in extreme poverty decreased by 1.17 percent per year…Why is base 10 logarithm (log) derived as a natural logarithm (1/x2)? Please confirm that derivate of logarithm of base 10 is in this case 1/[x2*log(10)] to modify your answer. Thank youCalculate the value of MPS given that:- MPC = 0.31
- 3. The variable rdintens is the expenditure on research and development (R&D) as a percentage of sales. Salary is measured in millions of dollars. The variable profmarg is profit as a percentage of sales. Let's suppose the equation below is estimated. Which statement is true? rdintens = 472 + .321log(sales) + .050profmarg (1.369) (216) (.046) o profmarg has a statistically significant effect on rdintens at 5% level o profmarg has a statistically significant effect on rdintens at 10% level o profmarg has a statistically insignificant effect on rdintens o profmarg has a statistically significant effect on rdintens at 1% levelGross domestic product per capita is the ratio of total gross domestic product to population.gross domestic product, a unit of timemonetary value of the final goods and services produced in the economy (let be in TL) and population, unitaccording to the number of people in that economy at the time,a) write down the unit of measure and size of the gross domestic product variable per capita. b) what is the relationship between gross domestic product per capita, total gross domestic product and population growth?Express your conclusions in a sentence by making inferenceThe graph says: Clothing (units per 16 week) 14 12 10 1 2 3 4 5 Food (units per week) You are willing to give up 6 units of clothing to get the first unit of food You are willing to give up 4 units of clothing to get the third unit of food You are willing to give up 1 unit of clothing to get the fourth unit of food You are willing to give up 2 unit of clothing to get the fifth unit of food You are willing to give up 6 units of clothing to get the third unit of food