A VAR with K Time Series Variables Consists of

question 13

Multiple Choice

A VAR with k time series variables consists of

• A)k equations, one for each of the variables, where the regressors in all equations are lagged values of all the variables
• B)a single equation, where the regressors are lagged values of all the variables
• C)k equations, one for each of the variables, where the regressors in all equations are never more than one lag of all the variables
• D)k equations, one for each of the variables, where the regressors in all equations are current values of all the variables

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Definitions:

Human Capital

Human Capital represents the skills, knowledge, and experience possessed by individuals, considered in terms of their value to an organization.

Skills Gap

A situation in which the supply of a particular form of human capital available to the firm is inadequate to address the demand.

North America

A continent entirely within the Northern Hemisphere and almost all within the Western Hemisphere; it is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the east, the Pacific Ocean to the south and west, and South America and the Caribbean Sea to the southeast.

Human Capital Flow

Encompasses the movement of employees' skills, knowledge, and abilities across different roles, organizations, or geographies.