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Based on the attached research objectives and statistics, kindly assist in calculating and explaining regression analysis. Inflation is the dependent variable. Objectives . To determine
Based on the attached research objectives and statistics, kindly assist in calculating and explaining regression analysis. Inflation is the dependent variable.
Objectives . To determine whether or not monetary policy is effective in its goal of bringing inflation under control in Zimbabwe. This goal evaluates how well interest rates, money supply, and exchange rate management control inflation. To evaluate the efficacy of Zimbabwe's fiscal policies in bringing the country's inflation under control. This objective involves conducting research on the interplay between government expenditure, taxation, and public debt management in maintaining inflationary control. To ascertain the degree to which Zimbabwe is capable of successfully implementing efficient monetary and fiscal policies. This objective necessitates the identification and acknowledgement of the institutional, political, and economic barriers that impede the effective implementation of monetary and fiscal policies. GDP Annual General Macro- Economic Indicators (ZWS '000) 2019 2020 2021 Exchange rate Growth GVT net GVT Gross Inflation against USD @ Rate Lending/Borrowing Debt (%age Year (%Age) Year end (%Age) (AGE of GDP) of GDP) 2017 0.89 1.0000 4.08 (10.60) 74.10 Broad Money 35,018,179.90 205,047,918.10 475,361,517.90 10.62 Transferable Deposits 31,978,710.30 192,511,359.60 431,948,432.30 2018 1.0000 5.01 (5.40) 51.00 16.7734 (0.90) Other Deposits 1,887,924.80 ,906,844.70 2019 255.30 (6.33) 82.30 37,402,963.80 Securities other than shares included in broad 2020 557.20 81.7866 (7.82) 0.80 84.40 243,976.80 1,436,292.80 3,696,333.80 Money 2021 98.55 108.6660 (2.20) 907,568.30 59.80 Bond notes and Coins in circulation 1,193,510.90 2,313,788.00 2022 104.71 370.9646 3.40 (2.10) 92.80 Domestic Credit 28,051,862.70 106,948,540.70 340,288,975.60 Credit to Private Sector 11,113,071.60 74,662,789.70 222,930,132.70 Credit to Public non-financial Corporations 2,431,172.30 8,214,242.80 23,908,914.80 Credit to Central Government (Net) 14,294,792.30 22,594,561.40 83,222,483.00 Reserve Money 10,327,816.90 18,765,456.00 25,994,867.50Step by Step Solution
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