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

question 245

Multiple Choice

TABLE 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 Table 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

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Definitions:

Exit Strategy

A planned approach to exiting a business venture, typically to realize a profit or limit losses.

Fast-growth Businesses

Companies that experience significantly higher than average rates of growth in revenue, size, or market share over a short period.

Outside Investors

Individuals or entities that invest capital into a business or project in which they do not have an active management role.

Profitable

Generating more revenue than the expenses incurred, resulting in a financial gain for the business.