The error term in a multiperiod regression
A) is serially correlated.
B) causes OLS to be inconsistent.
C) is serially correlated, but less so the longer the forecast horizon.
D) is serially uncorrelated.
Answer: A
Economics
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A) relative price. B) case price. C) absolute price. D) subjective price.
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Other things being equal, an increase in wages paid to workers in firms making digital devices will cause
A) the quantity of digital devices demanded to increase. B) the quantity of digital devices supplied to decrease. C) the supply of digital devices to decrease. D) the demand for digital devices to decrease.
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