A forecaster used the regression equationQt = a + bt + c1D1 + c2D2 + c3D3and quarterly sales data for 1996 I - 2013 IV (t = 1, ..., 64) for an appliance manufacturer to obtain the results shown below. Q is quarterly sales, and D1, D2 and D3 are dummy variables for quarters I, II, and III. Using the estimation results given above, the predicted level of sales in 2014 IV is ________ units.

The estimated demand for a good is = 4800 - 16P - 0.65M - 1.5PRwhere Q is the quantity demanded of the good, P is the price of the good, M is income, and PR is the price of related good R. This good and good R are

A. complements since the coefficient on PR is negative. B. substitutes since the coefficient on M is negative. C. complements since the coefficient on M is negative. D. substitutes since the coefficient on PR is negative. E. none of the above

The central bank which is generally regarded as the most independent in the world because its charter cannot be changed by legislation is the

A) Bank of England. B) Bank of Canada. C) European Central Bank. D) Bank of Japan.