Question: n this question we will study the effect of wage changes on the inflation rate. We will use quarterly data on U.S. inflation (INF) and

n this question we will study the effect of wage changes on the inflation rate. We will use quarterly data on U.S. inflation (INF) and wage growth (WGWTH) from 1970Q2 to 2010Q1. These data in in infln_wage.dat. Estimate the model = + 0 + . Interpret the estimate for 0

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