Q. 1.Illustrate what percent (%)age of GDP does every participant create up? Illustrate what has happened to GDP in recent quarters?
2. Illustrate what level of unemployment is the natural unemployment rate estimated to be?
Why would we never have zero percent (%) unemployment?
Q. Briefly explain the meaning of the F-test. Why do you think this test is measured to be more important in multiple regression analysis than it is in simple regression analysis?
Q. Distinguish between the Federal funds rate also the prime interest rate. Why is one higher than the other? Why do changes in the two rates closely track one another?