Question: Question is here 2) [30 points] Suppose you are given the following results of an estimated VEC Model: Ayt = 2 - 0.5(yt-1 - 1

Question is here 2) [30 points] Suppose you are given the

Question is here

2) [30 points] Suppose you are given the following results of an estimated VEC Model: Ayt = 2 - 0.5(yt-1 - 1 - 0.7xt-1) Axt = 3 + 0.3(yt-1 - 1 - 0.7xt-1) Rewrite the model in VAR form

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