question archive Given the following least squares estimates Ct = a1 + 0

Given the following least squares estimates Ct = a1 + 0

Subject:EconomicsPrice: Bought3

Given the following least squares estimates

Ct = a1 + 0.92Yt + e1t

Ct = a2 + 0.84Ct-1 + e2t

Ct-1 = a3 + 0.78Y + e3t

Yt = a4 + 0.55Ct-1 + e4t

Calculate the least squares estimates B, and B2 from Ct = Bo + B1Yt + B2 Ct-1 +
ut

pur-new-sol

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