Question: 2) What would be the consequences for the OLS estimator if autocorrelation is present in a regression model but ignored? (10 points) (a) It will

2) What would be the consequences for the OLS estimator if autocorrelation is present in a regression model but ignored? (10 points)

(a) It will be biased

(b) It will be inconsistent

(c) It will be inefficient

All of (a), (b), and (c) will be true

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