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We are analyzing the effects of regime type on corruption rates with the following model: Corruption = 10 - 0.1 GDP (per capita) - 2.0
We are analyzing the effects of regime type on corruption rates with the following model:Corruption= 10 - 0.1GDP (per capita)- 2.0DemocracywhereCorruptionis an index of corruption,GDP (per capita)is measured in thousands of dollars, andDemocracyis a dummy variable that is equal to one if a country is a democracy and 0 otherwise. What is the expected rate of corruption of a democratic country with a per capita GDP of $50,000?
A.8.5
B.Not enough information to come up with an answer
C.13.0
D.- 4992
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