Question: When an error term is added to an economic model and assumptions about the distribution of the error term are made, the resulting model is

When an error term is added to an economic model and assumptions about the distribution of the error term are made, the resulting model is ______________. a. Heteroskedastic since error terms are no longer random. b. Fallacious, you should not make assumptions about error terms. c. Misspecified due to missing information. d. An econometric model that can be estimated and used for inference

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