Consider a Panel Regression of Unemployment Rates for the G7

question 33

Multiple Choice

Consider a panel regression of unemployment rates for the G7 countries (United States, Canada, France, Germany, Italy, United Kingdom, Japan) on a set of explanatory variables for the time period 1980-2000 (annual data) . If you included entity and time fixed effects, you would need to specify the following number of binary variables:

• A)21.
• B)6.
• C)28.
• D)26.

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Definitions:

Benefit Corporation

A type of business structure that embeds social and environmental objectives into its charter in addition to profit-making goals.

Legal Goals

Objectives that laws and legal systems aim to achieve, such as justice, protection of rights, and maintenance of social order.

Positive Impact

The beneficial effect or outcome that positively affects a community, environment, or individual.

RMBCA

The Revised Model Business Corporation Act is a set of model laws prepared by the American Bar Association that provides a guideline for the governance of corporate affairs.