The data file German Imports shows German real imports (y), real private consumption (x1), and real exchange rate (x2), in terms of U S dollars per mark, over a period of 22 years Estimate the model log yt 0 1 log x1t 2 log x2t i and write a report on your findings ...

Results for GermanImportsxls Regression Analysis LogYt versus Lo ...

The data file German Imports shows German real imports (y), real private consumption (x1), and real exchange

Question:

The data file German Imports shows German real imports (y), real private consumption (x1), and real (x2), in terms of U.S. dollars per mark, over a period of 22 years. Estimate the model
log yt = β0 + β1 log x1t + β2 log x2t + εi
and write a report on your findings. Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...