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Question 4 : The growth rate of a variable can be derived using following regression equation: ln yt = alpha + beta T
Question : The growth rate of a variable can be derived using following regression equation: ln yt alpha beta T ime et where ln yt T ime, and et are the natural logarithm of dependent variable yt timeperiod and error term respectively. The estimate of beta yt dyt dT ime gives the growth rate of variable yt Estimate equation for the period :Q:Q for real GDP real private consumption, real investment, real government consumption, real exports, real imports, real wage and real money balance and derive their growth rates.
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