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Alien
04-09-2002, 03:42 PM
Does anybody know why r_sub_T equals to 536 minus 504 on Problem 36.16 on page 191 of the ASM Course 4? Thanks

New at pd
04-10-2002, 08:12 AM
Does anybody know why r_sub_T equals to 536 minus 504 on Problem 36.16 on page 191 of the ASM Course 4? Thanks

What is the question?

phdmom
04-10-2002, 02:25 PM
The l-period forecast is y_(t+l) = y_t + l* r_t. So, y_(t+1) - y_t = r_t.