An accountant has recently prepared a report for a client that ...

[melina_rosy]

An accountant has recently prepared a report for a client that contains a variety of graphs and charts. In doing so, she has used descriptive statistical methods.
 
  Indicate whether the statement is true or false

Question 2

Consider the following model: Yt = 0 + 1x1t + 2x2t + 33x3t + 4Yt-1. Suppose we increase X1 by one unit in time period t with all other independent variables in the model held fixed.
 
  What is the total expected increase in the dependent variable over all current and future time periods?

[ErinKing]

Answer to Question 1

TRUE

Answer to Question 2

Total effect = 2 / (1 - 4 )

[melina_rosy]

Thanks for the timely response, appreciate it

[upturnedfurball]

Wow, this really help