It has been argued that Canada's aggregate output growth and unemployment rates are
very sensitive to United States economic fluctuations, while the opposite is not true.
(a)A researcher uses a distributed lag model to estimate dynamic causal effects of U.S.
economic activity on Canada.The results (HAC standard errors in parenthesis)for the
sample period 1961:I-1995:IV are: 
where urcan is the Canadian unemployment rate, and urus is the United States
unemployment rate.
Calculate the long-run cumulative dynamic multiplier.
Definitions:
James Madison
Known as the "Father of the Constitution" for his pivotal role in drafting and promoting the United States Constitution and the Bill of Rights.
Bill of Rights
The first ten amendments to the U.S. Constitution, ratified in 1791, guaranteeing specific freedoms and rights to American citizens.
Constitutional Convention
A formal meeting held in 1787 for the purpose of creating the United States Constitution, or any convention called for proposing amendments to the Constitution.
Major Conflicts
Significant disagreements or fights, whether physical, political, or ideological, between parties.
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