Indicate whether the following statements are TRUE or FALSE and expand on your answer. Q1A. The seasonal component of a time series is the same as the cyclical component. The residual component of a time series represents Q1B. the part of the data that cannot be explained by the trend or seasonal components. TRUE FALSE TRUE FALSE The Error Correction Model (ECM) assumes that there Q1C. is a stable long-run relationship between the variables TRUE FALSE being modelled.

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A: Last parts C and d are answered below:

Q: you find your opinion leaning towards traditional or behavioral economic beliefs?

A: Answer in step 2

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A:

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Q: How do I solve the following problem?

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