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The stock market in the U.S. outperforms every other stock market in the world. (c) An AR-1 process, as defined in class, with ρ close to 0. (c) An AR-1 process, as defined in class, with ρ equal to 0.5. (d) An AR-1 process, as defined in class, with ρ close to 1. ... Read Document
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