Which of the following correctly states concerns about stationarity for the following model: Y_t = $\gamma$Y_t-1+ $\beta$₀+ $\beta$₁X_t+ $\varepsilon$_t A) If $\gamma$$\lt$1, the model is stationary and spurious regression results are likely. B) If $\gamma$=1, the model will "blow up" as Y will get larger and larger in every period. C) If $\gamma$$\gt$ 1, the model will "blow up" as Y will get larger and larger in every period. D) If $\gamma$=1, the model is stationary and spurious regression results are likely.

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The Answer of Which of the following correctly states concerns about stationarity for the following model: Y_t = $\gamma$Y_t-1+ $\beta$₀+ $\beta$₁X_t+ $\varepsilon$_t A) If $\gamma$$\lt$1, the model is stationary and spurious regression results are likely. B) If $\gamma$=1, the model will "blow up" as Y will get larger and larger in every period. C) If $\gamma$$\gt$ 1, the model will "blow up" as Y will get larger and larger in every period. D) If $\gamma$=1, the model is stationary and spurious regression results are likely.

Which of the Following Correctly States Concerns About Stationarity for the Following