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Decoded Statements: T < L < C ≤ X = Y ≥ E ≥ F Conclusions: I. Y > F II. Y ≤ F III. Y = C T < L < C ≤ X = Y ≥ E ≥ F Y ≥ F. Hence, either conclusion I or II follows. T < L < C ≤ X = Y ≥ E ≥ F Y ≥ C. No relationship can be established between Y and C hence, conclusion III will not follow
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
Calculate the F-statistics for the following, using ANOVA