Indicate for Which of the Following Examples You Cannot Use

question 30

Multiple Choice

Indicate for which of the following examples you cannot use Entity and Time Fixed Effects: a regression of

• A)OECD unemployment rates on unemployment insurance generosity for the period 1980-2006 (annual data).
• B)the (log of)earnings on the number of years of education, using the Current Population Survey of 60,000 households for March 2006.
• C)the per capita income level in Canadian Provinces on provincial population growth rates, using decade averages for 1960, 1970, and 1980.
• D)the risk premium of 75 stocks on the market premium for the years 1998-2006.

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Definitions:

Stimulus

A detectable change in the internal or external environment that can elicit or evoke a physiological response from an organism.

Consumer Behavior

The study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy needs and impacts on the consumer and society.

Cognitive Dissonance

A psychological phenomenon where there is discomfort from holding conflicting beliefs, values, or attitudes, often leading to behavior change.

Ritual Consumption

The patterns of behaviors and customs involved in the purchasing and use of products or services in a way that holds symbolic meaning.