multicollinearit

[atif]

hi,
i am student of MBA( finance). In my research synopsis i m analyze the impact of population on litracy rate and un employment rate.
My research model is:
Research Model
PGR=β1+β2LTR+β3UER+μ
Dependent Variable
PGR= Annual Population Growth rate
Independent Variable
LTR= Annual Literacy Rate
UER= Annual unemployment rate

Estimate Equation of the data (Least Square) (in url link is)
http://i44.tinypic.com/2u4tytv.png

For more detail
http://www.megaupload.com/?d=VT7LY4ES

this estimation shows that my data is multi corelated.
so my question is that how i can remove Multiple correlation from my data with the help of Eviews 7. And also i want to know the how we compute Auto correlation and heteroscedasticity?