Consider the following time series data for the real consumption of households and government, at current PPPS (in billions 2017US$). In year 2018, the first lagged value of the real consumption is and the first difference is Year 2015 2016 | 2017| 2018 | 2019 1 3 4 rconį | 1267| 1307 | 1375| 1413

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.8: Analyzing Functions With Successive Differences
Problem 35HP
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Consider the following time series data for the real consumption of households and government, at current PPPS (in billions 2017US$).
In year 2018, the first lagged value of the real consumption is L, and the first difference is
Year
2015 2016 2017 2018 2019
1
3
4
5
rcont
1267
1307
1375 1413
O A. unknown; unknown.
O B. 1413; unknown
O C. 1375; 38.
O D. 1307; -38
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Transcribed Image Text:Consider the following time series data for the real consumption of households and government, at current PPPS (in billions 2017US$). In year 2018, the first lagged value of the real consumption is L, and the first difference is Year 2015 2016 2017 2018 2019 1 3 4 5 rcont 1267 1307 1375 1413 O A. unknown; unknown. O B. 1413; unknown O C. 1375; 38. O D. 1307; -38 Reset Selection
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