are106-homework5-key

are106-homework5-key - ARE 106 HW 5 AK 1. Cross 5~n 2. (...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
ARE 106 HW 5 AK 1. Cross 5~n . J U =- Jo, % - 0, o{, nfl/llf - I, 7S tc -~ Ii,l,,,,<. --0, I , h S"'" l 2. ~ (, (2.41/) (-'.~~,) . (-J,'b) (J.5 1 ) A t,017, ()\rJVlV 1- (J.)-~t-(YIvfW 71. 1- ~ f~ ') iAn W { (J () 2..,; Ollo¥' cr;' 1.17 (oK1) c~ ,...- ) ll.t( Il 3. The sign on unemployment is counterintuitive. As unemployment increases, so should the demand for aid. Income looks good, so does high school education. College is counterintuitive: as the % of college educated folks increases, the percentage of people on aid should decrease. The coefficients on young mothers and unwed mothers, both of whom are likely to have low incomes, look good. 4. Income is measured in dollars and afdc is measured as a percentage. 50 the coefficient on income is %/$. The predicted percentage decrease for a one dollar increase in income is 0.00017%, so a $1,000 increase income is expected to decrease afdc by 0.17%. 5. A
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 3

are106-homework5-key - ARE 106 HW 5 AK 1. Cross 5~n 2. (...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online