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    Practical Econometrics
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    Exam 11: Auto-Correlation
  5. Question
    What Is a Unit Root? Why Is It Problematic? Explain
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What Is a Unit Root? Why Is It Problematic? Explain

Question 45

Question 45

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What is a unit root? Why is it problematic? Explain.

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A unit root is said to occur when the pa...

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