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Suppose that the quarterly growth rates rt of an economy follows the model rt = 0.006 + 0.168rt?1 + 0.338rt?2 ? 0.189rt?3 + at, at
Suppose that the quarterly growth rates rt of an economy follows the model rt = 0.006 + 0.168rt?1 + 0.338rt?2 ? 0.189rt?3 + at, at ? N(0, 0.0016) a) What is the expected growth rate of rt? b
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Introduction to Management Science
Authors: Bernard W. Taylor
12th edition
133778843, 978-0133778847
