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A regression model involved 18 independent variables and 200 observations. The critical value of t for testing the significance of each of the independent variable's coefficients will have
Interest Rates
The cost of borrowing money or the return for investing, expressed as a percentage of the principal, influencing consumer and business spending.
Interest-sensitive Goods
Products or services whose demand is heavily influenced by changes in interest rates, such as housing and automobiles.
Housing Prices
The cost assigned to purchasing residential properties, which can fluctuate based on market conditions, location, and property features.
Construction Boom
A period characterized by rapid and significant growth in construction activity, often leading to increased investment and employment in the sector.
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