Question: (d) Consider the variance-covariance matrix for the model: Covariance matrix of coefficients of regress model e(V) ChngGDP ChngGDP 3.9731016 Unemp 1.0595986 Unemp MinWage _cons

(d) Consider the variance-covariance matrix for the model: Covariance matrix of coefficients of regress model e(V) ChngGDP ChngGDP 3.9731016 Unemp 1.0595986 Unemp MinWage _cons 5.0531221 MinWage 1.064012 1.5776121 1.8740572 _cons -21.147919 -53.149393 -26.52766 647.90344 At the 5% level of significance test the alternative hypothesis that the change in GI growth in % has a greater impact than the unemployment rate in % (3 marks)

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