Consumption Function: Formula, Assumptions, and Implications
Consumption Function: Formula, Assumptions, and Implications
4 months ago
investopedia.com
The Excel file Energy Production Consumption provides data on production, imports, exports, and consumption. Develop line charts for each variable and identify key characteristics of the time series (e. g., trends or cycles). Are any of these time series stationary? In forecasting the future, discuss whether all or only a portion of the data should be used.
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