In the following estimated equation, GDP refers to gross domestic product, FDI refers to foreign direct investment, BKCR

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In the following estimated equation, GDP refers to grossdomestic product, FDI refers to foreign direct investment, BKCR isBank Credit and figures in parentheses are standard errors.log(GDP) = 4.62 + 2.51log(BKCR) + 1.26FDI (0.13) (0.32) (0.47)
(a) Determine the significance of the estimated parameters.
(b) If Bank Credit increases by 1%, what happens to GDP if FDIremains constant?
(c) If FDI increases by 1%, what happens to GDP if Bank Creditremains constant?
(d) Using economic theory, evaluate the reliability of theexpressed relationship among Bank Credit, FDI and GDP as indicatedby the estimated equation.