GLS

question 35

Multiple Choice

GLS

• A)results in smaller variances of the estimator than OLS if the regressors are strictly exogenous.
• B)is the same as OLS using HAC standard errors.
• C)can be used even if the regressors are not strictly exogenous.
• D)can be used for time-series estimation, but not in cross-sectional data.

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Strategies or objectives set to be achieved in the immediate future, typically within a year.

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