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Refer to the following model. X = 0 0 + Bost + B 1 5 + - 1 + B 2 5 1 - 2

Refer to the following model.
X=00+ Bost + B15+-1+ B251-2+ B35+-3+44
Bo + B1+ B2+ B3 represents:
the parameters
the short-run change in y given a permanent increase in s. the long-run change in y given a permanent increase in s.
the long-run change in y given a temporary increase in s.

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