Problem 6.21

Download:  0621.dat0621.xls
 

year
GNP
M1
1970
85685
9077
1971
94450
10178
1972
105234
11626
1973
123560
13320
1974
147528
14555
1975
165343
16566
1976
191857
17889
1977
210189
19381
1978
232211
21328
1979
264279
22823
1980
297556
24254
1981
339797
25379
1982
358302
25541
1983
390340
28137
1984
420819
28798

Use these data to fit the model and comment on the results.

GNPt = £]1+ £]2ln Moneyt + ut

(Eviews) (Rats)

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