Answer:
Explanation:
A)
The regression equation is,
ln(Cell Phone Subscribers) = -820.894 + 0.411704 Year
or,
Percent of Cell Phone Subscribers = exp(--820.894 + 0.411704 Year)
For the year 2005,
Percent of Cell Phone Subscribers = exp(--820.894 + 0.411704 * 2005)
= 96.79%
B)
P-value for the significance of the slope is very low (0.000). Thus, the model is statistically significant and the prediction of the model is highly reliable.
Answer:
Expected return = 50.4%
Explanation:
<em>The expected rate of return is the weighted average of all the possible returns associated with an investment decision. The returns are weighted using the probability associated with their outcomes.</em>
Expected return = WaRa + Wb+Rb + Wn+Rn
W- weight of the outcome, R - return of the outcome
E(R) = 11% ×0.65) + ( 19%× 0.25) + (-8%×0.1)
= 50.4%
Answer:
The correct answer to the following question is C) counter cyclical fiscal policy.
Explanation:
Counter cyclical fiscal policy can be defined as a strategy implemented by the government to counter boom or recession in the economy through the fiscal measures. This opposite approach which government uses, like if there is recession in the economy, where demand is low and growth rate is also low, then government here would employ counter cyclical policy where they will reduce taxes and increase the expenditure, which will lead to increase in demand and growth rate, and thus would help in stabilizing economy.
Answer:
Development economics
Explanation:
Development economics is a field which deals with the problems dealt by low-income countries and low-middle income countries. The focus of development economics is to solve the development problems by using economic tools and to push these low-income countries to start trade with developing or developed countries. Development economics gained popularity, especially after globalisation, because it provided low-income countries with an opportunity to interact with other countries.
