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An economist used data from past years to find economic variables that are correlated with the growth rate in the U.S. G
Posted: Wed Jul 06, 2022 12:10 pm
by answerhappygod
- An Economist Used Data From Past Years To Find Economic Variables That Are Correlated With The Growth Rate In The U S G 1 (45.92 KiB) Viewed 16 times
An economist used data from past years to find economic variables that are correlated with the growth rate in the U.S. Gross Domestic Product. The results are below: Growth in GDP Pearson Correlation Sig (2-tailed) N Correlations Growth in GDP 10 Interest rate 441 202 10 Unemployme nt rate O The unemployment rate. O The inflation rate. O The interest rate. O It is impossible to determine causality from the information given. -.585 075 10 Inflation rate 473 167 10 According to the data, which other variable is causing the GDP growth rate to be what it is?