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Which of the following statements is true? O a. Stationarity is critical for OLS to have its standard asymptotic properties. Ob. Efficient static models can

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Which of the following statements is true? O a. Stationarity is critical for OLS to have its standard asymptotic properties. Ob. Efficient static models can be estimated for nonstationary time series. O c. In an autoregressive model, the dependent variable in the current time period varies with the error term of previous time periods. O d. A model with a lagged dependent variable cannot satisfy the strict exogencity assumption

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