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From estimating the aforementioned unrestricted VAR, a table of coefficient and statistics will be produced. From this table, certain statistical information can be analysed, such as the statistic, and t statistics for the lagged oil variables.From this we could carefully observe what effect oil price changes have on the other variables. These statistics will not offer any help in terms of analysing the initial aims of the project, therefore an analysis of this table will be omitted from the results.
Two animals are fighting over a prey. The prey is worth v to each animal. The cost of fighting is c1 for the first animal (player 1) and c2 for the second animal (player 2). If the
What are the pros and cons of monetization of public debt
show on the market for cheese that impact of what happened in the milk market.
what are the types of exchange rate
How much money can banks create? Does this mean that banks can create an unlimited amount of money? The answer is no - that would require them to lend an unlimited amount of m
How can a country maintain equilibrium GDP with foreign trade?
What is the difference between heckscher_olin theory and comparative theory
Which of the following investments has a larger future value: Investment A an $1,000 investment earning 5% per year for 6 years? Or Investment B a %500 investment earning 10% per y
what does phillip curve signify? how do you reconcile the difference in the shap of the curve in the short run and the long run?
Explain the concept of elasticity and describe why the supply of petrol in the short run is relatively inelastic.
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