Multiple Choice
Which of the following statements is true of dynamically complete models?
A) There is scope of adding more lags to the model to better forecast the dependent variable.
B) The problem of serial correlation does not exist in dynamically complete models.
C) All econometric models are dynamically complete.
D) Sequential endogeneity is implied by dynamic completeness..
Correct Answer:

Verified
Correct Answer:
Verified
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