Given the Data Points (X,y) = (3,3), (4,4), (5,5), (6,6)

question 173

Short Answer

Given the data points (x,y) = (3,3), (4,4), (5,5), (6,6), (7,7), the least squares estimates of the y-intercept and slope are respectively: $\begin{array}{|l|l|}\hline\text { A. } & 0 \text { and } 1 . \\\hline \text { B. } & -1 \text { and } 0 . \\\hline \text { C. } & 5 \text { and } 5 . \\\hline \text { D. } & 5 \text { and } 0 . \\\hline\end{array}$

---

Definitions:

Saving Distortions

Alterations in the savings behavior of individuals or institutions due to external influences, such as tax policies or inflation.

Real Interest Income

The income from interest after adjusting for inflation, reflecting the true purchasing power of interest earnings.

Nominal Interest Income

The income earned from investments or savings before adjusting for inflation, expressed in the current currency.

Money Supply

The sum quantity of financial assets in an economy at a particular instant.