We have been working very hard since 2009 to facilitate in your learning Read More. We can't keep up without your support. Donate Now.


+ Link For Assignments, GDBs & Online Quizzes Solution


+ Link For Past Papers, Solved MCQs, Short Notes & More

In Economics, when the nature of the association between the dependent and independent variable is of the type that the change in the dependent variable is likely to be less than the change in the independent variable, then in order to estimate such type of the relationship, we consider the following consumption spending model in which consumption spending depends on some autonomous consumption and income:

Where Y represents consumption spending, β0 shows autonomous consumption, X indicates income and β1 is the estimated effect of income on consumption. As equation (1) is a non-linear equation and we want to estimate this equation through OLS method of estimation. Comment on the transformation which is required to make this model linear and also mention the name of functional form which is obtained after applying the transformation. After estimation, how we can interpret the estimated parameters?

+ http://bit.ly/vucodes (Link for Assignments, GDBs & Online Quizzes Solution)

+ http://bit.ly/papersvu (Link for Past Papers, Solved MCQs, Short Notes & More)

+ Click Here to Search (Looking For something at vustudents.ning.com?)

+ Click Here To Join (Our facebook study Group)

Views: 100

Replies to This Discussion

plzz anbody post any kind of help related gdb.... plz

Please Discuss here about this GDB.Thanks

Our main purpose here discussion not just Solution

We are here with you hands in hands to facilitate your learning and do not appreciate the idea of copying or replicating solutions. Read More>>

Discussed & be touched with this discussion. After discussion a perfect solution will come in a result at the end.


“How to Join Subject Study Groups & Get Helping Material”


P.S:    Please always try to add the discussion in proper format title like “CS101 Assignment / GDB No 01 Solution & Discussion Due Date: ___________”


Share below link with friends for solution & Discussion. A Single link for help in your education.



Site Overview | Assignment Solutions | Past Papers |Site Features


Looking For Something? Search Here


This is a member-supported website. Your contribution is greatly appreciated!

© 2020   Created by +M.Tariq Malik.   Powered by

Promote Us  |  Report an Issue  |  Privacy Policy  |  Terms of Service