Mathematics, 22.04.2020 04:31 ashiteru123
Where MYR is the quarterly change in the ringgit, INF is the previous quarterly percentage change in the inflation differential, and INC is the previous quarterly percentage change in the income growth differential. Regression results indicate coefficients of Ι0 = .005; Ι1 = .4; and Ι2 = .7. The most recent quarterly percentage change in the inflation differential is β5 percent, while the most recent quarterly percentage change in the income differential is 3 percent. Using this information, the forecast for the percentage change in the ringgit is:
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Where MYR is the quarterly change in the ringgit, INF is the previous quarterly percentage change in...
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