Applied Economics-Using SAS Assignment Example | Topics and Well Written Essays - 1000 words

Applied Economics-Using SAS - designation ExampleThese factors are not, however, explicitly correlated as poorer nations have been identified as potential forthcoming economies provided that health care phthisis is minimal.On the other hand, the consideration of precept quality affects the level of scotch output of the nation at hand. Hence, among the research questions that this exercise seeks to answer include What is the relationship between education and population growth and the associated impacts? Additionally, the relationship between health expenditure and population growth provides room for analyzing the cause of resources to fund some sectors while others, which in differ in priority, are postponed. In order to pick up that the frugal theory provides insight into the aspect of whether related sparing functions have any influence on the other. For instance, this section involves the use of Statistics Analysis Software (SAS) from which regression tests are performed to provide the desired information to act to the research questions. By using regression analyses, the relationships between education and population, population and health, and education & health care. Although the economic theory aims at solving economic dilemmas, it is also used to analyze the foreseeable dilemmas. For instance, one of the dilemmas that economic analysts have to deal with is the identification of opportunity costs when managing public funds. It is feared that situations that call for decisions that are almost every bit sound, the implicit benefits may fall short of explicit benefits. Consider an economic situation in which the gross domestic product is affected by the health expenditure. Data analyzed in this section considers population growth, education expenditure, and health expenditure of Argentina, Brazil, United States, Canada, Germany, France, India, Japan, New Zealand, and Australia as some of the major economies facing education and health expenditure issues (SchreiberWWII, 1).One among the