The Fixed Effects regression model
A) has n different intercepts.
B) the slope coefficients are allowed to differ across entities, but the intercept is "fixed" (remains unchanged).
C) has "fixed" (repaired) the effect of heteroskedasticity.
D) in a log-log model may include logs of the binary variables, which control for the fixed effects.
Answer: A
You might also like to view...
The above figure shows a monopolistically competitive firm. The figure
A) is only a short-run illustration because the firm is making an economic profit. B) could be either a short-run or long-run illustration because monopolistically competitive firms can make an economic profit in the long-run. C) is only a long-run illustration because the firm is making zero economic profit. D) is neither a short- nor a long-run illustration.
The total amount of consumer surplus and producer surplus is at its maximum when
A) consumers and producers are allowed to trade at the market clearing price. B) the government imposes a price floor that is higher than the market clearing price. C) the government imposes a price ceiling that is lower than the market clearing price. D) free market exchanges do not exist.
Your father tells you he earned a salary of $45,000 a year in 1980. This salary figure is the:
A. nominal value of his salary in 1980.
B. real value of his salary in 1980.
C. value of his salary adjusted to 2009 dollars.
D. value of his salary adjusted for inflation.
Firms that place their assets in the custody of a board of trustees is called a(n):
A. utility. B. oligopoly. C. trust. D. cartel.