A data set is a balanced panel if it _____.

A. consists of a sample of individuals, households, firms, cities, states, countries, or a variety of other units, taken at a given point in time
B. consists of observations on a variable or several variables over time
C. consists of data for each cross sectional units over the same time period
D. consists of time-demeaned data for different cross sectional units


Answer: C

Economics

You might also like to view...

What is a laissez-faire economy?

What will be an ideal response?

Economics

Compare currency board to conventional fixed exchange rate

What will be an ideal response?

Economics

How do banks manage credit risk?

What will be an ideal response?

Economics

What is moral hazard?

A. Using prices to ration goods and services B. Using waiting times to ration goods and services C. The effect of higher incomes on the demand for care D. The incentive, as a result of having insurance, to use additional care

Economics