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Unformatted text preview: profits, the S&P 500 index closing value, and exports of goods and services. A natural dependent variable is GDP or industrial production. GDP and industrial production both represent the level of aggregate output. You can decide which one you want to use. GDP is usually considered a better measure of output, but GDP data are only available quarterly and not monthly. The other data in the file are all available monthly....
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This note was uploaded on 07/17/2008 for the course ECON 444 taught by Professor Ogaki during the Fall '07 term at Ohio State.
- Fall '07