ECON 2650 Study Guide - Final Guide: Nash Equilibrium, Henri Theil, Dutch Disease

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Do not open this exam until told to do so. College of management and economics: annen, fall 2012. You have 2 hours to complete this exam. You can use empty scrap paper and a calculator. Please write short and concise answers that are straight to the point in the space provided. If you use more space than provided, points are taken o . 25 questions, for a total of 100 points. What is the correlation coe cient r between a given set of dollar amounts and its corresponding amounts in cents: (3 points) a researcher nds incomes for a sample of people that belong to two groups. Rst group, x1 = 1200, s1 = 150, and n1 = 64. In the second group x2 = 1500, s2 = 300, and n2 = 81. What are these three dimensions: (3 points) education can have private and public returns. Give one example of a public return to education. (please, one example only!)