Other Economics Answers

A Poisson distribution with mean of 0.60 is a: a. symmetrical distribution. b. normal distribution. c. negatively skewed distribution (skewed to the left). d. positively skewed distribution (skewed to the right). e. binomial distribution. f. t-distribution.

Mixed Economic System:

Read the paragraph + answer questions below

1. Who controls the factors of production?
2. Describe this system, using vocab words
3. Where might you find this system in world?

Link: https://drive.google.com/file/d/1qZ8VWvIPYp_l9LnziU1IE0RQHd-7scSz/view?usp=drivesdk

Market Economic System:

Read the paragraph and answer questions below

1. Who controls factors of production?
2. Describe this system, use vocab words
3. Where might you find this system in world today?

Link: https://drive.google.com/file/d/1ZDZQcq9LXRbUyg-ahs4__2o8BaR4ZWG8/view?usp=drivesdk

Command Economic System:

Read the paragraph + answer questions below

1. Who controls the factors of production?
2. Describe the system, use vocab words
3. Where might you find this system in the world today?

Link: https://drive.google.com/file/d/1gwZ1UvE5_j-y_1TFNU4c7guuv8CbcRj5/view?usp=drivesdk

Traditional Economic System:

Read paragraph + answer following questions

1. Who controls factors of production?
2. Describe this system, using important vocabulary words found in reading
3. Where might you find this system in world today?

Link: https://drive.google.com/file/d/1sjS2yoJMMtzPEqIM3mvbrL0iovSBm3qh/view?usp=drivesdk

Command Economic System:

Read paragraph + answer the questions below

1. Who controls factors of production?
2. Describe this system using important vocabulary words in reading
3. Where might you find this system in world today?

Link: https://drive.google.com/file/d/1gwZ1UvE5_j-y_1TFNU4c7guuv8CbcRj5/view?usp=drivesdk

Traditional Economic System:

Read the following paragraph and answer the questions below

1. Who controls factors of production?
2. Describe using vocabulary words from paragraph
3. Where might you find this system in world today?

Link: https://drive.google.com/file/d/1sjS2yoJMMtzPEqIM3mvbrL0iovSBm3qh/view?usp=drivesdk

Write notes on all components of the good research proposal

The Ministry of Education wants to know whether entrepreneurial education affects students’ decision to start a business rather than seeking for employment.

(a) Construct a research question based on the scope.

(b) Develop a suitable economic model with at least three independent variables.

(c) Based on (b), define how you measure the variables and construct an econometric model which contains an error term or disturbance.

(d) Give reasons as to why the random error exists.

(e) If data is non-parametric, what technique or test will you consider?

The Ministry of Industry and Trade wants to review the Youth Entrepreneurial Scheme (YES) implemented by the Ministry some five years ago.

(a) Develop a research question to address the impact of the programme in the national income, export trade, local employment and GDP growth.

(b) Outline your dependent variable (DV) and the independent variables (IV) from the research question.

(c) Construct a simple economic model and econometric model and identify the parameters to be estimated.