A repeated cross-sectional data set
A) is also referred to as panel data.
B) is a collection of cross-sectional data sets, where each cross-sectional data set corresponds to a different time period.
C) samples identical entities at least twice.
D) is typically used for estimating the following regression model
Yit = ?0 + ?1Xit + ?2W1,it + ... + ?1+ rWr,it + uit
Answer: B) is a collection of cross-sectional data sets, where each cross-sectional data set corresponds to a different time period.
You might also like to view...
What was the least important method of financing World War II?
a. Tax revenues b. Borrowing from the public c. Creating new money d. Using the draft for military purposes
The current federal tax structure has ______ tax brackets.
A. 5 B. 6 C. 7 D. 8
At college X and at college Y, students pay $3,000 less than the equilibrium tuition. If the supply of openings is the same at both colleges, it follows that a shortage of openings will be greater at
A) college X than college Y. B) college X than the surplus at college Y. C) college Y than the surplus at college X. D) college X than college Y if the demand is greater at college X. E) ?college X than college Y if the demand is less at college X.
How does an increase in the price level affect the position of the C + I + G + X curve and in turn the equilibrium level of real GDP?
A. The C + I + G + X curve shifts up, thereby increasing the equilibrium level of real GDP. B. The C + I + G + X curve shifts down, thereby reducing the equilibrium level of real GDP. C. The C + I + G + X curve shifts up, thereby reducing the equilibrium level of real GDP. D. The C + I + G + X curve shifts down, thereby increasing the equilibrium level of real GDP.