Country

GNP

Higher

taxes

Canada

19.71

24

Chile

4.99

29.1

Finland

24.28

12

Ireland

18.71

34.3

Japan

32.35

37.2

Latvia

2.42

17.3

Mexico

3.84

34.7

Netherlands

24.78

51.9

Norway

14.6

22.8

Portugal

34.31

17.1

Russia

10.67

29.9

Spain

2.66

22.2

Sweden

14.1

19.5

Switzerland

25.58

33.5

United States

39.98

31.6

Using the above table, write out the regression equation where GNP predicts willingness

to pay higher taxes.