please could you help me to solve following problems

thank you in advance

janyl sagynbaeva JS X Search AutoSave On problemset-2.docx - Last Modified: 16m ago Share Comments Mailings Review View Help File Home Insert Draw Design Layout References Problem Set No. 2 Question 1: monthly vs annual growth rates Let's call m the monthly growth rate of Y obtained by comparing two consecutive months ("month-on-month" growth rate): Yt - Yt-1 mt = Yt - 1 and a the rate of growth of Y measured by comparing the same month of two consecutive years ("year-on-year" growth rate): Yt - Yt-12 at = Yt-12 Demonstrate and interpret the following relationships: a) mt 2 mt-12 #> at 2 at-1 b) at = mt (y - 13) Yt-1 ) + mt-1 (Yt-12 Yt-2 ) + mt- 2 (Yt-12) t-3 + ... + mt-10 (Yt-12) (Yt-11) + mt-11 [ Focus + 183 % Page 1 of 1 0 words [ German (Switzerland) 16:58 W FRA 25/10/2021 Taper ici pour rechercher