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TABLE 14-17
Model 2 is the regression analysis where the dependent variable is Unemploy and the independent variables are
Age and Manager. The results of the regression analysis are given below:
-Referring to Table 14-17 Model 1, we can conclude that, holding constant the effect of the other independent variables, there is a difference in the mean number of weeks a worker is unemployed due to a layoff between a worker who is married and one who is not at a 1% level of significance if all we have is the information of the 95% confidence interval estimate for β₄.
Trade Restrictions
measures taken by governments to control or limit the trade of goods and services across their borders, such as tariffs and quotas.
Import Quota
A government-imposed limit on the quantity of a particular good that can be imported into a country.
Domestic Goods
Are products and services that are produced within a country's borders, as opposed to imported goods from other countries.
Federal Revenues
The income received by the federal government from taxes, fees, and other sources used to fund government operations and programs.
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