TABLE 14-3 an Economist Is Interested to See How Consumption for an for an Economy

question 343

Multiple Choice

TABLE 14-3
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 Table 14-3, the p-value for the aggregated price index is

• A) 0.05.
• B) 0.01.
• C) 0.001.
• D) None of the above.

---

Definitions:

Visual Perception Track

The cognitive process that interprets and organizes visual information from the environment.

Dual Processing

The principle that our mind operates on two levels simultaneously, conscious and unconscious thinking processes.

Consciousness

Awareness and the ability to ponder upon one's personal existence, senses, mindset, surroundings, and life episodes.

Visual Perception Track

The cognitive pathway responsible for processing visual information and recognizing patterns and objects.