9. There is evidence that the law of one price holds for the U.S. even though the pass-through of exchange rate changes is less than complete.

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What is the differences between men and women in terms of life expectancy in Spain?

The following table gives the joint probability distribution between employmentstatus and college graduation among those either employed or lookingfor work (unemployed) in the working-age population of country A. a. Compute E(Y).b. The unemployment rate is a fraction of the labor force that is unemployed. Show that the unemployment rate is given by 1 − E(Y).c. Calculate E(Y l X = 1) and E(Y l X = 0).d. Calculate the unemployment rate for (i) college graduates and(ii) non–graduates.e. A randomly selected member of this population reports being unemployed.What is the probability that this worker is a (i) college graduate,(ii) non–graduate?f. Are educational achievement and employment status independent?Explain.