If Series Y and Z Have Similar Stochastic Trends,but Are

question 11

Multiple Choice

If series y and z have similar stochastic trends,but are otherwise unrelated,they are said to be

• A)cointegrated
• B)cotrending
• C)converging
• D)jointly stationary

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Definitions:

Harry S. Truman

The 33rd president of the United States (1945–1953) known for his leadership during the final stages of World War II and the early years of the Cold War.

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Expressing feelings of pity and sorrow for someone else's misfortune.

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A political and economic ideology aiming for a classless society where the means of production are communally owned and everyone contributes and receives according to their ability and needs.

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Basic rights and freedoms guaranteed to individuals, usually protected by law or constitutional provisions, against government infringement.