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Consider the regression equation = b0 + b1x + b2d with a dummy variable d.If d increases from 0 to 1,the change in the intercept is given by:
Unionized Plants
Factories or workplaces where the employees are represented by a union for collective bargaining with the management.
Labor Market
The supply of available workers in relation to available employment.
Product Market
The marketplace where final goods or services are traded between sellers and consumers.
Financialization
The process by which financial markets, financial institutions, and financial elites gain a greater influence over economic policy and economic outcomes.
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