Question: Consider the following data generating process for a series yt: yt = mu + 1 . 5 yt - 1 + ut Which one

Consider the following data generating process for a series yt:
yt =\mu +1.5yt-1+ ut
Which one of the following most accurately describes the process for yt?
Question 3 Select one:
a.
A random walk with drift
b.
A non-stationary process
c.
A deterministic trend process
d.
An explosive process.

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