Question: Explain the method of econometrics or statistic background to specify the statistical or mathematical or econometric model and outline the testable equations , define the

Explain the method of econometrics or statistic background to specify the statistical or mathematical or econometric model and outline the testable equations , define the variables and their measure and provide theoretical justification of time series of simple regression of the relationship of unemployment on economic growth of Fiji.

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1. Background knowledge of the subject and

4. What specific changes in the environment have taken place in relation to the information we have collected?

2. The purpose of the acquisition of the information.