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Quasi Differences in Yt Are Defined as A YtYt1\quad Y _ { t } - Y _ { t - 1 }

Question 17

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Quasi differences in Yt are defined as a. YtYt1\quad Y _ { t } - Y _ { t - 1 } .
b. Ytϕ1Yt1Y _ { t } - \phi _ { 1 } Y _ { t - 1 } .
c. ΔYtϕ1Yt1\Delta Y _ { t } - \phi _ { 1 } Y _ { t - 1 } .
d. ϕ1(YtYt1)\quad \phi _ { 1 } \left( Y _ { t } - Y _ { t - 1 } \right) .

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