VARIABLES

AUGMENTED DICKEY-FULLER TEST

LEVEL OF INTEGRATION

NO TREND

TREND

LEVEL

BROAD_MONEY

−0.888704

−2.646883

-

EXCHANGE_RATE

1.773056

0.082942

-

GDP

−4.852887***

−4.980694***

I(0)

INFLATION

−4.478889***

−5.947897***

I(0)

INTEREST_RATE

−1.924857

−2.066799

-