Time Series Data Should Be Stored

question 10

Multiple Choice

Time series data should be stored:

• A)with the earliest time period listed as the first observation, and the most recent time period as the last observation.
• B)with the earliest time period listed as the last observation, and the most recent time period as the first observation.
• C)with the time period in which the concerned variable takes the highest value listed as the first observation, and the time period in which the concerned variable takes the lowest value as the last observation.
• D)with the time period in which the concerned variable takes the lowest value listed as the first observation, and the time period in which the concerned variable takes the highest value as the last observation.

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Definitions:

Quantity Theory

A theory in economics that asserts the general price level of goods and services is directly proportional to the amount of money in circulation, or money supply.

Financial Crisis

A situation where financial assets suddenly lose a large part of their nominal value, often leading to market crashes and economic downturns.

Velocity

In the context of economics, it refers to the rate at which money circulates or is exchanged in an economy over a specific period of time.

Federal Reserve

The central banking system of the United States, responsible for monetary policy, regulating banks, and ensuring the stability of the financial system.