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

question 32

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 whether aggregate price index has a positive impact on consumption, the p-value is

• A)0.0001
• B)0.4165
• C)0.5835
• D)0.8330

---

Definitions:

Second-person Pronouns

Pronouns that are used to address the listener or reader directly, commonly "you," "your," and "yours."

Blame

The act of holding someone responsible for a mistake or wrong action, often leading to criticism or punishment.

Original Purchase Invoice

A document provided by a seller to a buyer detailing the items purchased, the quantity, and the price, serving as a proof of transaction and ownership.

Goodwill

An intangible asset representing the value of a company's brand, customer relations, reputation, and other non-physical assets that contribute to earnings.