In Panel Data, the Regression Error

question 47

Multiple Choice

In panel data, the regression error

• A)is likely to be correlated over time within an entity
• B)should be calculated taking into account heteroskedasticity but not autocorrelation
• C)only exists for the case of T > 2
• D)fits all of the three descriptions above

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Definitions:

FUTA Tax

FUTA Tax, or the Federal Unemployment Tax Act tax, is a payroll tax paid by employers to fund state workforce agencies.

Total Wages Paid

The aggregate amount of wages or salaries disbursed by an employer to its employees over a given period.

FUTA Tax

The Federal Unemployment Tax Act (FUTA) tax is a payroll tax paid by employers to fund state workforce agencies and unemployment insurance.

State Unemployment Taxes

Taxes paid by employers to their state government to fund unemployment insurance benefits for workers who have lost their jobs.