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1. Explain the following: a. Orthogonalized impulse response functions. b. Forecast error variance decomposition. c. Cointegration. d. Speed of adjustment. Please explain with NO COPY

1. Explain the following:

a. Orthogonalized impulse response functions.

b. Forecast error variance decomposition.

c. Cointegration.

d. Speed of adjustment.

Please explain with NO COPY PASTE

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