In data involving economic time series such as unemployment, money supply, interest rate, or consumption expenditure, multicollinearity

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In data involving economic time series such as unemployment, money supply, interest rate, or consumption expenditure, multicollinearity is usually suspected. Why?

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Essentials of Econometrics

ISBN: 978-0073375847

4th edition

Authors: Damodar Gujarati, Dawn Porter

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Question Posted: Apr 12, 2016 07:30 AM

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In data involving economic time series such as unemployment, money supply, interest rate, or consumption expenditure, multicollinearity

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This is because business cycles and or trends reflect...View the full answer

Essentials of Econometrics

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