Use the data in CONSUMP.XLS and statistical software to run the following regression: where RCONPC = real
Question:
Use the data in CONSUMP.XLS and statistical software to run the following regression:
where RCONPC = real consumer spending in the USA per capita REALYDPC = real disposable income per capita REALR = real interest rate on one-year Treasury Bonds (A) Do all the explanatory variables attain their expected signs?
(B) What explanatory variables might be missing from this regression?
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Related Book For
Essential Econometric Techniques A Guide To Concepts And Applications
ISBN: 9781032101217,9781000538588
3rd Edition
Authors: Elia Kacapyr
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