Suppose that in the model of Section 5.3 we assume that the binary indicator It is positively

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Suppose that in the model of Section 5.3 we assume that the binary indicator It is positively autocorrelated of order 1, (i.e., p1 > 0). That is to say that when a buyer (seller) comes to the market, it is likely that the next customer will also be a buyer (seller)? What are the consequences of this assumption for the calculation of the autocorrelation function of price changes?
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