Time Fixed Effects Regression Are Useful in Dealing with Omitted

question 11

Multiple Choice

Time Fixed Effects regression are useful in dealing with omitted variables

• A)even if you only have a cross-section of data available.
• B)if these omitted variables are constant across entities but vary over time.
• C)when there are more than 100 observations.
• D)if these omitted variables are constant across entities but not over time.

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Definitions:

Pretzels

A type of baked pastry made from dough that is commonly shaped into a knot or twisted form, often savory or sweetened.

Budget Constraint

The limitation on the consumption bundles that a consumer can afford based on their income and prices of goods.

Good X

A placeholder term used to denote a specific product or commodity in economic models and discussions.

Good Y

A term used in economics to represent a generic second good, often used in theoretical models comparing two different goods.