Unit root processes, such as a random walk (with or without drift), are said to be:?

A. ?integrated of order one.
B. ?integrated of order two.
C. ?sequentially exogenous.
D. ?asymptotically uncorrelated.


Answer: A

Economics

You might also like to view...

When applying the marginal principle, you should pick the level at which the activity's marginal benefit is less than its marginal cost

Indicate whether the statement is true or false

Economics

Government may intervene in markets

a. to regulate firms like public utilities. b. directly, like creating a public service like the delivery of mail. c. indirectly, like planning an d funding multipurpose water projects that provide electricity, flood control and irrigation . d. All of the above are ways government may intervene in markets.

Economics

Which of the following statements is correct?

A) Through autonomous monetary policy adjustments the Federal Reserve can ultimately determine the equilibrium real interest rate in the long run. B) Through autonomous monetary policy adjustments the Federal Reserve can ultimately determine potential output in the long run. C) Through autonomous monetary policy adjustments the Federal Reserve can target any inflation rate in the long run. D) all of the above E) none of the above

Economics

The OFCCP can terminate government contracts from companies found to be discriminating

Indicate whether the statement is true or false

Economics