1 - Given the population regression model in below which of the following statements is true? (1 point) log(GDP)=2.65+0.527bankcredit+0.222FDI+ - If GDP increases by 1 unit, bank credit increases by 0.52.7%, the level of Foreign Direct Investment (FDI) stocks remaining constant. B - If GDP increases by 1 unit, bank credit increases by 0.527%, the level of Foreign Direct Investment (FDI) stocks remaining constant. C - If bank credit increases by 1 unit, GDP increases by 0.527%, the level of Foreign Direct Investment (FDI) stocks remaining constant. D - If bank credit increases by 1 unit, GDP increases by 52.7%, the level of Foreign Direct Investment (FDI) stocks remaining constant. 2 - Which of the following is described as a dummy variable? (1 point) - Whether at the price given, a family would buy apples or not. 1 - Given the population regression model in below which of the following statements is true? (1 point) log(GDP)=2.65+0.527bankcredit+0.222FDI+ - If GDP increases by 1 unit, bank credit increases by 0.52.7%, the level of Foreign Direct Investment (FDI) stocks remaining constant. B - If GDP increases by 1 unit, bank credit increases by 0.527%, the level of Foreign Direct Investment (FDI) stocks remaining constant. C - If bank credit increases by 1 unit, GDP increases by 0.527%, the level of Foreign Direct Investment (FDI) stocks remaining constant. D - If bank credit increases by 1 unit, GDP increases by 52.7%, the level of Foreign Direct Investment (FDI) stocks remaining constant. 2 - Which of the following is described as a dummy variable? (1 point) - Whether at the price given, a family would buy apples or not