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MMLU / Consider the following model for y_(t):

Problem

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question

Consider the following model for yty_t: yt=μ+λt+uty_t = \mu + \lambda t + u_t Which one of the following most accurately describes the process for yty_t?
Plain-text mathematical notation (without MathML)
Consider the following model for y_(t):

y_(t)=μ+λt+u_(t)

Which one of the following most accurately describes the process for y_(t)?
Original LaTeX notation
Consider the following model for $y_t$:

$y_t = \mu + \lambda t + u_t$

Which one of the following most accurately describes the process for $y_t$?

choices

  1. A unit root process
  2. A stationary process
  3. A deterministic trend process
  4. A random walk with drift

subject

econometrics

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Source and history

Official source

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