Multiple Choice
The distributed lag model is given by
A) Yt = β0 + β1Xt + β2Yt-1 + ut.
B) Yt = β0 + β1Yt-1 + β2Yt-2 + ...+ βrYt-r + ut.
C) Yt = β0 + β1ut + β2ut+1 + β3ut+2 + ...+ βr+1ut+r + et.
D) Yt = β0 + β1Xt + β2Xt-1 + β3Xt-2 + ...+ βr+1Xt-r + ut.
Correct Answer:
Verified
Correct Answer:
Verified
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