What do you understand by the term ‘autocorrelation’?

Macroeconomics: Principles and Policy (MindTap Course List)
13th Edition
ISBN:9781305280601
Author:William J. Baumol, Alan S. Blinder
Publisher:William J. Baumol, Alan S. Blinder
Chapter1: What Is Economics
Section1.A: Using Graphs: A Review
Problem 3TY
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What do you understand by the term ‘autocorrelation’?

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