Estimating the demand for money and plotting a demand curve

Reference no: EM13376096

Estimating the demand for money and plotting a demand curve for that estimation based on the equation: M1=a+b1(interest)+b2(time). Where a is the intercept value for the demand curve; b1 is the slope of the demand curve; and b2 is the shift factor.

Use data downloaded from the Federal Reserve Bank of St. Louis (fred ii) and run a regression analysis. You have to download the data, and run a regression analysis but do not know where to go from here.

What to do with the numbers from the regression analysis and how do I used them in the demand curve?

Reference no: EM13376096

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