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

question 35

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 gross domestic product has a positive impact on consumption, the p-value is

• A)0.00005
• B)0.0001
• C)0.9999
• D)0.99995

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