A Static Model Is Postulated When

question 12

Multiple Choice

A static model is postulated when:

• A)a change in the independent variable at time 't' is believed to have an effect on the dependent variable at period 't + 1'.
• B)a change in the independent variable at time 't' is believed to have an effect on the dependent variable for all successive time periods.
• C)a change in the independent variable at time 't' does not have any effect on the dependent variable.
• D)a change in the independent variable at time 't' is believed to have an immediate effect on the dependent variable.

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