Econometrics answers using the ols estimates shown in the table below, compare the estimated effects of a 13 % increase in ave
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Answer: Jason has 7 pennies and 6 nickels.
Step-by-step explanation:
Let be "p" the number of pennies that Jason has and "n" the number of nickels that Jason has.
Set up a system of equations:
You can use the Elimination Method. Multiply the first equation by -0.01 and add both equations:
Susbtitute this value into the first equation and solve for "p":