INTEREST RATES AND MONETARY POLICY 119
CHAPTER 10
Interest Rates and Monetary Policy
One of the most important prices in the economy is
the price paid for the use of money, or the interest
rate. There are many interest rates, but essentially
only one is n
Classical: Trade & Contact
NAME: _
Mediterranean Trade
Ever since the earliest days of history, human communities have traded with one
another, sometimes over long distance. Before classical times, however, longdistance trade was a risky venture. Ancient
Natalie Henry
Research Paper Rough Draft
Topic- Public School dress codes
(Thesis)
1. Historical Relevance
2. Cons of adapting to dress code (directed towards female personas)
3. Pros- possibly give order to schools (elaborate)
4. Amendment rights (addres
History exam
21. a philosophical belief system in eighteenth-century Europe that claimed that one
could reform society by discovering rational laws that governed social behavior
22. Women were relegated to a subservient role.
23. Foreign imports were repl
In "Her Kind" Anne Sexton uses a great array of language through
poetic devices to employ imagery, syntax and diction.
To start off the poem, Sexton utilizes different mediums of imagery to
employ what seems to be a form of non- humanness. She writes of
t
(0) Compute the average marginal difference effect between males: and females, i.e.
E(WAGE|FEMALE) — EUVAGEIM’ALE). You can assume that BLACK = 0.112,
FEAIALE = 0.514, and EDUO = 13.799.
0.“)- ;ACj eclMcdo‘on conchaAJCJwe c5 Hzch Had: Mala;
Cars/1 $4. FP/
2
Question 23. The adjusted R2 , i.e., R , is a better measure than R2 because
a. it adjust R2 for the number of variables in the regression
b. it applies to cases where the regression does not have constant while R2 does not
c. it provide a better measur
Dr. Randall R. Rojas Economics 103
Department of Economics Introduction to Econometrics
UCLA Fall, 2012
Final Exam
December 12, 2012
For fuﬂ credit. on a problem, you need to ShOW’ all your work and the formula.(s) used.
First Name
Last Name
UCLA
2. (T.5%) A log-polynomial model is suggested for estimating a child’s birth weight. (BWGHT) -measured
in grams- as a function of the total number of prenatal visits (NPVIS). The estimated log—
polynomial model is:
1:1(BWHT) = 7.958+U.0189NPVIS—U.()U(')43
Part II: Multiple regression analysis on housing data
Consider the regression out given below in Boca Raton Output.
Answer all of the following questions:
Question II.1. The results indicate that a traditional house would cost approximately
a. $36; 000 le
Sill-5% ) Data are collected on £14 rice lanes in the 'lhrlae region of the Philippines for the years 1990
to 1997. The data consist of the variables PROD (tonnes of freshly threshed rice). AREA
(hectares planted). LABOR (person-days of hired and family l
3.(7.5%) Consider the demand for edible chicken (Q. where consumption of chicken is in pounds) versus
the real price of Chicken (P. measured in dollars). we estimate a log—log mode-'1 by regressing
111(Q) on 111(P) obtaining the following results based on
lU.(T.5%) An economic model is proposed for estimating a student’s SAT score (SAT) based on the size
of the student’s high school graduating class ( H SI 2' E ) -in hundreds, gender (FEMALE.
equal to 1 for females), and race (BLACIX'. equal to 1 for black
Question 34
The graph above shows three short-run Phillips Curves for a hypothetical economy. The
natural rate of unemployment is 4%. The rate of growth of money supply is 8%. The
economy is in medium-run equilibrium. What event would cause the economy to
Corn Production Output
Consider the following model
ln(corn) =
1
+
2 capital
+
3 labor
+
4 land
+
5 (labor
land) + e;
where corn denotes the production of corn (in pounds), while the regressors have the obvious
meaning. Based on the next STATA output, ans
Question 40
The value of which of the following will NOT be included in the 2007 GDP?
A.
B.
C.
D.
E.
You bought stock of the GM Corporation issued in 2007.
I bought a DELL laptop built in 2007.
Jim had a haircut in June 2007.
You had your car fixed in Aug
5.(T.5%) When 115ng N = 40 observat-inns to estimate the model 3; = [3] + 62.1". + {333 + a, you obtain
SSE = 979.830 and .35, : 13.45222. Find
(a) 32
{b} The value of the Fwstatistic for testing H0 : 62 = [53 = 0. Do you reject 01' fail to reject
Hg.
(c)
Boca Raton Output
18
Wage Regression Analysis Output
The following economic model predicts individual wage based on education and region.
s
E (W AGE) =
1
+
2 EDU
+
3 M idW est
+
4 N orthEast
+
5 South
+
6 W est
where M idW est = 1 if Region = midwest,N or
Question 16. Consider the following regression model given by
yi = 1:1 + 2xi2 + :5xi3 + ei
with the variance-covariance matrix
0
:5
@ :2
:3
:2
:2
:1
1
:3
:1 A
:3
Suppose N is very large, then the 95% condence interval for
3
is
a. [ 0:088; 1:088] *
b. [0:0
c. 1:3 < b2 < 2:5
d. cannot be determined based on the information provided
Question 9. Consider the hypothesis H0 : 2 = 0 against H1 : 2 6= 0. Suppose also that the
95% condence interval for 2 is given by [I1 ; I2 ]. Then H0 is rejected if and only if
a.
Bronx River Controversy
The Bronx River located in New York flows for approximately 24 miles through the southeastern corner of the state. Originating in the Kensico Reservoir of Westchester County the river flows through many northern suburbs and e
12/13/2007 8:53:00 PM
A Poet In New York Between June 1929 and March 1930, the 30 year old Spanish poet, playwright, and author Garcia Lorca traveled abroad for the first time. Spending time in New York, Vermont, and Havanna. "A Poet in New York", h
11/4/2007 12:43:00 PM Hannah Arendt: Total Domination Flavor of the Month When analyzing the ideas and essential steps that create and support a totalitarian government Hannah Arendt claims that the process of "total domination" or "organized oblivio
Demonstrations of Failure
The generation change and shift in America that has occured in the last few years guarantees that an anti-war movement will never again gain traction in today's world the way it did in the 60s. There is certainly an "anti-Bu
One Southern Dimension
Truman Capote's set of characters in Other Voices, Other Rooms remain truly rooted in the Southern grotesque style. Capote describes his characters in intense vivid physical detail, creating cringe-inducing visuals in the mind