20- If OLS is used in the presence of autocorrelation, which of the following will be likely consequences? i) Coefficient estimates may be inconsistent ii) Hypothesis tests could reach the wrong...

Extracted text: 20- If OLS is used in the presence of autocorrelation, which of the following will be likely consequences? i) Coefficient estimates may be inconsistent ii) Hypothesis tests could reach the wrong conclusions iii) Coefficient estimates made from the model could be biased iv) Standard errors and t-statistics may be misleading O a. (1) and (Iv) only O b. (1) and (ii) only O C (). (1), and (1) only O d. (1), (11), (I) and (iv) only