(Answered)-Coefficient If the intercept is: 76.77 The GDP is : 0.704 The t - (2025 Updated Original AI-Free Solution

Question

????????????????????????????????????? Coefficient

If the intercept is:??????? ?76.77

The GDP is??????????:????????? ? 0.704

The t (for time)?? :????????? ? 0.0294

The dependent variable is C for consumption.

Interpret the coefficients on the GDP variable and variable t if C was to increase by $1.

Thanks!