Which of the following is false?

Group of answer choices

If a relationship is said to be statistically significant, it means the relationship (or effect) that we see in the sample very likely also exists in the population. We have evidence for that.

When running regressions, tests of individual and joint significance (the null hypotheses) usually assume that there is NO relationship between the explanatory and explained variables.

If the p-value is > α, we reject the null hypothesis and have evidence for the alternate hypothesis

To determine statistical significance, we compare p-value to significance level (alpha, α)

Which of the following statements are INCORRECT? Select one: O a. Time Inconsistency is an issue for Central Banks only when there are Rational Expectations Agents O b. The Zero Lower Bound problem is more pronounced when agents have Rational Expectations, and when prices are very flexible. O c. More than one choice is incorrect Od. Price Path Targeting policy cannot make Optimal Monetary Policy, i.e. policy that exploits promises about future policy, time consistent O e. Economies at the Zero Lower Bound may find themselves in an Inflationary Spiral