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US Civilian Labor Force Participation Rate Civlian Unemplo.pdf

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U.S Civilian Labor Force Participation Rate, Cillian Unemployment Rate and RealUse the data in Table 1.1 entitled Civilian Labor Force Participation Rate (CLFPR), Civilian Unemployment Rate (CUNR), and Average Hourly Earnings (AHE) to estimate the following multivariable regression model using EVIEWS: CVLFPRt=b1+b2 CUNR t+b3AHEt+et A. Do the partial regression coefficients have the expected sign? Are they significant? B. Does the model fit the data well? C. Does the model support the discouraged worker or added worker hypothesis?.

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U.S Civilian Labor Force Participation Rate, Civlian Unemployment Rate and RealDescription Use the data in Table 1.1 entitled Civilian Labor Force Participation Rate (CLFPR), Civilian Unemployment Rate (CUNR), and Average Hourly Earnings (AHE) to estimate the following multivariable regression model using EVIEWS: A. Do the partial regression coefficients have the expected sign? Are they significant? B. Does the model fit the data well? C. Does the model support the discouraged worker or added worker hypothesis?

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