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Question 13 1 pts The following regression model was estimated to forecast the value of...

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Question 13 1 pts The following regression model was estimated to forecast the value of the Malaysian ringgit (MYR): AMYR= +Q;INC-1 + a2INF=1 +et, where AMYR is the quarterly change in the ringgit, INC4-1 is the previous quarterly percentage change in the income growth differential, and INFt-1 is the previous quarterly percentage change in the inflation differential. Regression results indicate coefficients of ap = 0.005; Q = 0.4; and a2 - 0.7. The most recent quarterly percentage change in the income differential is 0.03 (or 3%), while the most recent quarterly percentage change in the inflation differential is -0.05 (or -5%). Using this information, the forecast for the percentage change in the ringgit is: h -1.80%. 0 -4.60% O 20%. 60%. Dejar de compartir Ocultar torin est compartiendo tu pantalla

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