Seasonal variations can be incorporated into a time-series model in a number of different ways, including:

a. ratio-to-trend method
b. use of dummy variables
c. root mean squared error method
d. a and b only
e. a, b, and c


d

Economics

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An increase in real dividend income minus taxes represents

A) a pure substitution effect. B) a pure income effect. C) a combination of income and substitution effects. D) neither a pure income effect nor a pure substitution effect.

Economics

Historical note: When DuPont was charged with monopoly control of the cellophane market, it responded by arguing that the relevant market was flexible wrapping materials and that they had no monopoly control of that market. That argument

a. won the day so that it was found not guilty of monopolizing its market b. was rejected by the Supreme Court and DuPont paid triple damages to its cellophane competitors c. was rejected by the court system and DuPont was ordered to sell off 50 percent of its cellophane production facilities d. never made it to the appeals court because DuPont settled out of court which is why they are not in the cellophane market today e. was rejected because, upon inspection, it controlled 90 percent of flexible wrapping materials as well

Economics

Suppose a country has had a high and relatively stable inflation rate for a long time. How might this affect the costs and benefits of inflation reduction?

Economics

Uncertainties that are not quantifiable:

A. are factored into the price of an asset. B. cannot be priced C. are what we define as risk. D. are benchmarks against which quantifiable risks can be assessed

Economics