Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.
******** **
*********** forecasting ********
Answer
*** useful whenever ******* ***** ******* and wildly
*** **** effective ** ****** ******** ********* **** ********* **********
*** based ****** ** ********** ************ ** *** ****** ** *** ******** ***** ***********
******* to ******* *** ********** ****** ************* ***** ******* the observed outcome ******** 2
********* techniques *** * **** ** **** ********** which ****** **** ***** ** an underlying ******* ** ** found in *** ********** values of a ******** **** ** ***** forecast
*******
******* ********
barometric forecasting
*********** ************
time-series forecasting
******** **
******** *********** ***** ** ** ******* ** a forecasting ****** ***** of *** ******* ********** **** ********* this *********
Answer
*********** forecasting ***********
********** ***********
****** techniques *** ******* ********
*********** ***********
************ *********
******** **
*** **** ** ******** ********* that *** **** be used *** ******** *********** ** *****
*******
******* **********
********** **********
lagging **********
current ******** ********* **********
****************** indicator
******** **
The *********** ********* which ******** to ******** ********* ******* and makes *** of economic ********** ***** as ******* ********** ** ******* ********** is known *** *******
*********** **********
*********** forecasting
opinion ********
********** **********
******** ************
Question **
*** *** of quarterly **** to develop *** forecasting model Yt * * ************ ** ** ******* of ***** *********** ********** *******
********** forecasting
*********** ************
****** *** ********
*********** ******* ***** ** an understanding ** the underlying ******** ********* involved
************ *********
******** 7
********** ***** ****** or *** **** the ****** composed *** Answer
interest rates ******* *** ********* of ******** rates
growth ***** ******* *** ********* ** ******** rates
********* rates explain *** direction ** exchange ******
services explain *** ********* exchange ******
public ******* ***** explain *** direction ** ******** ******
******** 8
** *** ******* ***** ***** *********** by *** ******* the dollar: *******
**** *** ** importers **** Britain *** ** exporters ** ******* **** ** ****** by *** ************ ******
*** US ********* will find ** ****** to **** ** ******* ********* in ********
*** ** ******** of ******* ***** will tend ** **** **** ***** cost ** ***** rises ******* *** ****** line
**** ** ********* of ******* ***** and ********* to Britain will be ********** ** ******* in foreign ******** ******
******** 9
** *** ******** ***** of *** ******* Reserve ***** ****** ** ******* ******** policy ** ******* ** ******** ***** **** year **** ** *** ****** ****** ** *** ***** of *** ******* Answer
*** ***** ** *** dollar ***** when ** interest ***** *****
*** value ** *** ****** ***** **** US ******** ***** rise
*** ***** of the ****** ** not ******* to US ******** ******
**** ** ***** as Purchasing ***** ****** ** ****
******** ***
** ******** ** *** ******** **** ** the ** ****** relative ** * trading ******* *** ****** from *******
****** anticipated ***** ** production ** the ***
****** ******** ***** and ****** ********* ** *** ***
****** ****** ***** ** the ******* ************* economy
* ****** in *** ***** ** trade
lower export ******** *************
******** 11
*** ****** ** Apple ***** ********* ** Shanghai ** * **** ********* ***** ($213 cost *** *** profit ******* adds **** **** ** ****** ** the ** trade ******* with ***** ********
*******
Chinese ******** ***** ********** **** ** % ** *** ********* *****
the ************ ********** *** ********* ** ******** number of **** ******
wholesale ****** **** ***** in the trade statistics if ***** product prices *** higher
as with ***************** ******** **** of *** *********** ********** **** **** the ***
*** Chinese **** ** * ******* *********
******** 12
In * ********* the trade ******* ***** improves ******* *******
******* ******* ****** ************ **** ********
***** **** depressed *******
***** households *** ****** luxury imports
direct ********** ****** declines
the ******* account ******* *** current ********
Question 13
In * production process an excessive ****** ** *** ******** ***** ******** ** *** ***** ***** is ***** used ** ******* *** desired ****** This ********* ** **** for: *******
***** ***
****** * *** ***
**** ** = **
***** ****
******** ***
***** of the ********* ** ***** ********* *******
marginal ********
average ********
********** elasticity
******** rate ** ********* substitution
***** ** *** ******* ******
Question 15
*** ******** **** of ********* ************ *** ** defined ** *** ** the following except:
*******
the **** ** which *** input *** ** substituted for ******* ***** in *** ********** ******* ***** ***** ****** remains *********
***** ** *** ******** ***** ** the ******** ** any point ** *** isoquant
*** rate ** which all ************ of inputs **** ***** ***** ******
***** to the ratio ** *** ******** ******** of * and **
******** ***
Marginal factor **** ** ******* ** *** amount **** ** additional unit ** *** ******** ***** **** ** ____
*******
marginal *****
variable *****
******** rate ** ********* *************
total *****
Question ***
*** ******* ******* of *** ************ ***** function ** ****
Answer
***** *** ** **** ********* of *********** relationships
***** *** ** make predictions ***** * resulting ******** ** ****** *** a given increase ** *** *******
aid *** ** gaining ******** ********* ****** *** economic variables
********* * ********* ****** total **** *********
******** 18
*** ********* *** ****** **** are ******* *********** *** *** ******* ******* of * ****** *** *******
***** *******
parallel ******
concentric ********
right **********
******** 19
*** cost ******** ****
Answer
* means for expressing ****** as * ******** ** *****
a schedule ** ************ ************ ******* *** ***** **** of ********* ******* ********** of output
similar to * profit and loss **********
********* ** ***** ********* from *********** regression *********
Question 20
**** method ** ********* ********* should ** **** for ******** *************** ********* Answer
**** ******
original *****
current *********** *****
**** or market whichever ** ******
********** *****
******** ***
********* of Scope ****** to ********** ***** per unit ***** *****
*******
Unaffected **** *** ** **** ******** *** *********
Reduced **** *** ** **** ******** are produced
********* **** *** ** **** ******** *** produced
************* ******** ******* ** ******
Demonstrating ********** ******* ** ******
Question 22
********* ** the ****** of **** ************** ** *** *** of ******** ********* ** the short-run ******* ********* ****
*******
********** ******* *** declining ******* and ******** ******
********** ******* *** ********* ******* *** ******** ******
********** returns *** ********** ******* *** marginal ******
********** returns *** ********** ******* *** ******** ******
Question ***
Economies of ***** ***** ******** ******** ******* *******
*******
******** ** ****** ** **********
****** constant ** ****** ** increased
Decrease as ****** is **********
******* *** **** **** ** output is **********
******** ***
If ** * 321 + 55Q – *** **** ******* ***** **** ** * * ** *** Answer
****
****
****
****
****
******** 25
** example of a **** ****** data set is *** *** ***** *****
*******
****
***** ** ********* *** * ***** firm *** several *********** periods (eg ******** ****
would
** ********* *** ******* different firms ** * single ***** ** ***** ********** ********
comes
from **** ******** ***** **** ********* ****** ** time
**** is *******
****
a ****** ****** ********** program
*** ** ********** analysis
would
********** in **** ******
Click here to download attached files:
ECO 550 Midterm Part 2.docx
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