Answer to Question #83437 in Economics for joe

Question #83437
From the annual observations from 2000 to 2014, the following regression results were obtained, where Y = exchange rate of the German mark to the U.S. dollar (GM/$) and X = ratio of the U.S. consumer price index to the German consumer price index; that is, X represents the relative prices in the two countries:
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Expert's answer
2018-12-03T08:29:19-0500

According to regression results, where Y = exchange rate of the German mark to the U.S. dollar (GM/$) and X = ratio of the U.S. consumer price index to the German consumer price index, X represents the relative prices in the two countries and this information depends on Y, because there is an interdependence between X and Y.

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