SCENARIO 13-3 an Economist Is Interested to See How Consumption for an for an Economy

question 262

Multiple Choice

SCENARIO 13-3
An economist is interested to see how consumption for an economy (in $ billions) is influenced by gross domestic product ($ billions) and aggregate price (consumer price index) .The Microsoft Excel output of this regression is partially reproduced below.
-Referring to SCENARIO 13-3, to test for the significance of the coefficient on gross domestic product, the p-value is

• A)0.0001
• B)0.8330
• C)0.8837
• D)0.9999

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Definitions:

Ruptured Blood Vessel

The breaking or bursting of a blood vessel, which can lead to internal bleeding or hemorrhage in the affected area.

Occlusion

The blockage or closing of a blood vessel or hollow organ, which can lead to various health issues depending on the location of the blockage.

Atherosclerosis

Fatty degeneration of the walls of the arteries.

Myocardial Infarction

A medical condition commonly known as a heart attack, occurring when blood flow to the heart is severely reduced or stopped, causing tissue damage.