The Linear Model for Long-Term Trend Is $y = \beta _ { 0 } + \beta _ { 1 } t + \varepsilon$

question 129

Multiple Choice

The linear model for long-term trend is $y = \beta _ { 0 } + \beta _ { 1 } t + \varepsilon$ , where t is the time period. The trend is indicated by:

• A) \(\beta _ { 0 }\) .
• B) \(\beta _ { 1 }\) .
• C) \(y\) .
• D) \(t\) .

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A simplified tax form for U.S. taxpayers with straightforward tax situations, but it was phased out after the 2017 tax year.

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