TABLE 13-3 an Economist Is Interested to See How Consumption for an for an Economy

Multiple Choice

TABLE 13-3
An economist is interested to see how consumption for an economy (in $billions) is influenced by gross domestic product ($billions) and aggregate price (consumer price index) . The Microsoft Excel output of this regression is partially reproduced below.

-Referring to Table 13-3, what is the estimated mean consumption level for an economy with GDP equal to $4 billion and an aggregate price index of 150?

A) $1.39 billion
B) $2.89 billion
C) $4.75 billion
D) $9.45 billion