Which of the Following Is Used to Test Whether a Time

question 20

Multiple Choice

Which of the following is used to test whether a time series follows a unit root process?

• A)Wald test
• B)White test
• C)Augmented Dickey-Fuller test
• D)Johansen test

---

Definitions:

Ethical

Ethical refers to behavior or decisions guided by a set of moral principles and values, often relating to what is right and wrong.

Long Run

Refers to a period of time sufficient for all factors of production and costs to become adjustable, often used in economic analysis to predict future trends.

Risk-Taking

The act of undertaking actions or making decisions that involve the possibility of facing undesirable outcomes.

Entrepreneurship

The activity of setting up a business or businesses, taking on financial risks in the hope of profit, characterized by innovation, strategy, and risk-taking.