Multiple Choice
What is the long run solution to the following dynamic econometric model? yt = 1 + 2 X2t + 3 X3t + ut
A) y = 1 + 2X2 + 3X3
B) yt = 1 + 2X2t + 3X3t
C) y = - ( 2/ 1) X2 - ( 3 / 1) X3
D) There is no long run solution to this equation
Correct Answer:

Verified
Correct Answer:
Verified
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