Which of the Following Is the Most Plausible Test Regression

question 4

Multiple Choice

Which of the following is the most plausible test regression for determining whether a series y contains "ARCH effects"?

---

Definitions:

Union or Agency Shop Agreements

Contracts requiring all employees of a business to join the union or pay union dues, regardless of whether they are union members.

Union Security Agreements

Contracts between employers and labor unions that ensure the collection of union dues and often require membership as a condition of employment.

Landrum-Griffin Act

Also known as the Labor-Management Reporting and Disclosure Act of 1959, it is a statute that aims to protect union members' rights and improve unions' democratic governance and financial integrity.

Democratic Standards

Criteria or guidelines used to assess the degree to which organizations or societies operate based on democratic principles, such as inclusivity, participation, and fairness.