2. An econometrics student is working on her term project and has just run a multiple regression in Stata. Her model seeks to predict US GDP using fourteen indicators of economic health (Her model also includes a constant, bringing the total number of parameters to 15). She is excited to find that using this model and a small dataset with 15 observations, the resulting regression has an R2 of 1! Explain the significance of this result. Is this a good econometric model
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