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Given for a closed economy:
C = $20 + 0.50YD
I = $40
G = $10
YD = Y- T0
T0 = $5
Determine: (a) the equilibrium level of aggregate or national income (Y);
(b) the level of planned consumption;
(c) the equality of total planned withdrawal and total planned injections.
volatility
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How to test the linear regression?
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Hi, I''m a PhD student in empirical finance I’m trying to conduct bivariate nonlinear conintegration tests using threshold Vector Error Correction (TVEC) methodology (Hansen and Se
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