7. In the following equation, gdp refers to gross domestic product, BC refers to bank credit,...

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7. In the following equation, gdp refers to gross domestic product, BC refers to bank credit, and FDI refers to foreign direc

business economics

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Answer 1

Answer #1

7.

Correct Answer:

A

The interpretation mentioned in the alternative A is correctly given with log based regression equation. Here, BC is independent variable, and GDP is dependent variable.

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Answer 2

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