The long-run cumulative dynamic multiplier A) cannot be ...

[D2AR0N]

The long-run cumulative dynamic multiplier
 
  A) cannot be calculated since in the long-run, we are all dead.
  B) is the sum of all individual dynamic multipliers.
  C) is the coefficient on Xt-r in the standard formulation of the distributed lag model.
  D) is the difference between the coefficient on Xt-1 and Xt-r.

Question 2

The concepts of exogeneity, strict exogeneity, and predeterminedness
 
  A) are defined in such a way that strict exogeneity implies exogeneity.
  B) can be used interchangeably.
  C) are defined in such a way that exogeneity implies strict exogeneity.
  D) correspond to endogeneity, strict endogeneity, and lagged endogenous variables.

[dellikani2015]

Answer to Question 1

Answer: B

Answer to Question 2

Answer: A

[D2AR0N]

TYSM

[bdobbins]

Gracias!