Multiple Choice
The long-run cumulative dynamic multiplier
A) cannot be calculated since in the long-run,we are all dead.
B) is the sum of all individual dynamic multipliers.
C) is the coefficient on Xt-r in the standard formulation of the distributed lag model.
D) is the difference between the coefficient on Xt-1 and Xt-r.
Correct Answer:

Verified
Correct Answer:
Verified
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