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Author Question: The long-run cumulative dynamic multiplier A) cannot be calculated since in the long-run, we are ... (Read 571 times)

D2AR0N

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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.



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dellikani2015

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Answer to Question 1

Answer: B

Answer to Question 2

Answer: A




D2AR0N

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


frankwu0507

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Reply 3 on: Yesterday
Wow, this really help

 

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