THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Consider the following model: Y = β₀ + β₁X₁_t + β₂X₂_t + γ₃Y_t_-1.Using a sample of 36 months,we estimate this model and obtain the following results: y_t = 1.33 + 17.6x₁_t + 0.94x₂_t+ 0.39Y_t_-1
-If X₁ were to increase by 1-unit in time t,by how much would we expect Y to change in period (t + 1) ?

Question

Quizplus · Accepted Answer

The Answer of THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: Consider the following model: Y = β 0 + β 1 X 1 t + β 2 X 2 t + γ 3 Y t -1 .Using a sample of 36 months,we estimate this model and obtain the following results: y t = 1.33 + 17.6x 1 t + 0.94x 2 t + 0.39Y t -1 -If X₁ were to increase by 1-unit in time t,by how much would we expect Y to change in period (t + 1)? A)17.6 B)14.94 C)6.86 D)10.73