Hello, I would appreciate any help on this question! Thank you!

Problem One. Sometimes people measure "intergenerational mobility" by estimating the relationship between parental income and children's income (with parent's income and child's income measured at age 30). A typical regression takes the form In(Child s income;) = Bo + B, Parent's income + B, Child s education; + e; a. Interpret B , and B2 b. If intergenerational mobility is high, so that parental income is not related to child income, would you expect S , to be large or small? c. How would you expect S, to change if we omitted education? d. If we want to know the all-else-equal effect of parental income on child income, is appropriate to control for child education