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Quantitative Methods
Quantitative Methods
Medium
An analyst estimates the following AR(1) model for quarterly real GDP growth: GDP_t = 0.6% + 0.72 x GDP_(t-1) + e_t. The long-run mean growth rate implied by this model is closest to:
A
2.14%
B
0.60%
C
1.32%
D
0.72%
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Tags
#time-series
#autoregressive
#long-run-mean
#stationarity
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CFA Level II — Quantitative Methods Practice Question | AcadiFi | AcadiFi