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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.
COMBINED ISLM MODEL
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law of indefference curve
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give three example of models show endogenous and exogenous varibles
What are the trends of labour and capital as macrfoeconomics variables?
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