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If a Johansen "Max" Test for a Null Hypothesis of 1

question 21

Multiple Choice

If a Johansen "max" test for a null hypothesis of 1 cointegrating vectors is applied to a system containing 4 variables is conducted, which eigenvalues would be used in the test?


Definitions:

Belief Perseverance

The finding that once beliefs form, they are resistant to change, even if the information on which they are based is discredited

Effort Justification

A phenomenon whereby individuals rationalize the effort and resources they put into achieving a goal by increasing their appreciation or valuation of the goal, especially when the effort was substantial.

Belief Perseverance

The psychological phenomenon where individuals cling to their initial views or explanations despite the confrontation with new, contradictory information.

Social Psychology

The examination of individuals' thoughts, emotions, and actions within societal settings through scientific methods.

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