Impulse Responses

question 16

Multiple Choice

Impulse responses:

• A) Trace out the responsiveness of the dependent variables in the VAR to shocks to each of the variables
• B) Are a different term for variance decompositions
• C) Trace out the responsiveness of the residuals in the VAR to shocks to each of the variables
• D) Give the proportion of the movements in the dependent variables that are due to their own shocks versus shocks to other variables

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Definitions:

Extrinsic Motivation

Motivation fueled by external incentives like financial gain, recognition, academic achievement, and commendation.

Intrinsic Motivation

A form of motivation driven by an internal reward system or personal satisfaction.

Authentic Desires

Genuine wants or aspirations that truly reflect an individual's personal values and interests, as opposed to those influenced by external societal pressures.

State of Flow

A psychological state where a person is fully immersed and engaged in an activity, experiencing a blend of focus, enjoyment, and fulfillment.