When a series is stationary, weakly dependent, and has serial correlation:
A. the adjusted R2 is inconsistent, while R2 is a consistent estimator of the population parameter.
B. the adjusted R2 is consistent, while R2 is an inconsistent estimator of the population parameter.
C. both the adjusted R2 and R2 are inconsistent estimators of the population parameter.
D. both the adjusted R2 and R2 are consistent estimators of the population parameter.
Answer: D
You might also like to view...
In the above figure, what is the total consumer surplus from all the milk bought if the price of milk is $3.00 per gallon?
A) $16 million B) $12 million C) $4 million D) $2 million
The 1980s are considered as the "lost decade" of Latin American growth. Explain why?
What will be an ideal response?
When a transaction takes place repeatedly, then one way to signal to avoid information asymmetry is:
A. building a reputation. B. screening. C. statistical discrimination. D. Any of these could be true.
What is the difference between the short-run Phillips curve and the long-run Phillips curve?
a. The long-run Phillips curve is horizontal, indicating that the unemployment rate may change but inflation remains the same, whereas the short-run curve is vertical. b. The long-run Phillips curve slopes upward, indicating a positive relationship between the unemployment rate and inflation, whereas the short-run curve slopes downward. c. The long-run Phillips curve is vertical, indicating that the unemployment rate may change but inflation does not, whereas the short-run curve is positively sloped. d. The long-run Phillips curve is vertical, indicating that inflation may change but the unemployment rate does not, whereas the short-run curve is negatively sloped. e. The long-run Phillips curve is negatively sloped, indicating an inverse relationship between unemployment and inflation, whereas the short-run curve is vertical.