Presume you are interested in using time series data to


Presume you are interested in using time series data to estimate the following population model: yt = β0 + β1xt + β2xt-1 + β3xt-2 + β4zt-1 + ut a. Based on this population model, how much would you expect y to change among period 0 and period 4 if x increased by 1 unit in period 1 and then stayed at that level from period 2 to period 5? (Your answer will not be a number; however will be expressed in terms of βs).

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Microeconomics: Presume you are interested in using time series data to
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