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Unformatted text preview: 2011-57,710 (-10371.67 + (0.951 * -49,777)) No. 3 The slope of 0.951 indicates that every 100 new jobs will result in a net increase of 95 domestic migrants or a loss of 100 jobs will result in a net decrease of 95 domestics migrants. No. 4. The equation could be improved by: 1. Addding other variables such as income, wages, unemployment 2. Taking into account autocorrelated residuals in estimating the equation 3. Including variables that relate the San Diego and U.S. economies....
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This note was uploaded on 10/20/2010 for the course ECON 125 taught by Professor Tayman during the Spring '08 term at UCSD.
- Spring '08