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Based on the data presented in Exhibit 4, should you include a trend term in a model of the changes in the civilian unemployment rate?

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Based on the data presented in Exhibit 4, should you include a trend term in a model of the changes in the civilian unemployment rate? Please explain your response.

4. Exhibit 4 shows a plot of the first differences in the civilian unemployment rate (UER) between January 2013 and August 2019,UERt=UERtUERt1. EXHIBIT 4 Change in Civilian Unemployment Rate

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