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The first step in The Engle-Granger Methodology is _____ a. Estimate the error-correction model b. Pretest the variables for their order of integration. c. Calculate
The first step in The Engle-Granger Methodology is _____
a. Estimate the error-correction model
b. Pretest the variables for their order of integration.
c. Calculate the autoregression of the residuals.
d. Estimate the long-run equilibrium relationship.
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