Answer to Question #80628 in Macroeconomics for sami

Question

Can you tell me the name of economic model?
USD/CAD (1-year) = z + a(INT) + b(GDP) + c(IGR)

Answer 1

USD/CAD (1 year) = z + (INT) + b(GDP) + c(IGR)
Econometric Model of Forecasting Exchange Rates.
It is a method that is used to forecast exchange rates by gathering all relevant factors.
In this case, the US dollar rate (in Canada), taking into account the difference in interest rates (INT), the difference in GDP growth rates (GDP) and the difference in the growth rate of income (IGR).