Answer:
The answer is attached for ease of understanding and reference.
Explanation:
This is known as in-sample forecast. It estimated the model using all available data and then comparing it to the model's fixed values to the actual realizations. But, this method is known to attract an overly positive picture of the model's forecasting ability since common fitting algorithms tend to take pains to avoid big prediction errors and are also inclined to overfitting (mistaking noise for signal in the data).
<span>GDP (gross domestic product), which is the total value of everything that has been produced inside a country, whether it be produced by citizens or by companies. GDP is used to determine the "size" of an economy, by comparing the growth rate of the GDP with the growth rate of other countries. GDP can also be used to determine when a country is going through a recession, if the growth rate is less than that of the previous quarter, a depression if the growth rate continues to be less than previous quarters, or inflation if the growth rate is too rapid.</span>
Answer:
2. True
Bank charges are the various fees account holders are charged in respect of maintenance of the account along with any other charges incurred in respect of specific transactions (e.g. cheque clearance charges, fund transfer charges, collection charges, etc). Bank charges are charged directly to the customer account thereby reducing the bank balance shown in the bank statement. These charges are usually not recorded by the business until the bank provides the bank statement at the end of a month which is why balance as per bank statement may be lower than the cash book balance.
<span>Reserve requirements The discount rate Open market operations </span>The tools of operation for the Fed include:
