One of the Following Is a Regression Example for Which

question 37

Multiple Choice

One of the following is a regression example for which Entity and Time Fixed Effects could be used: a study of the effect of

• A)minimum wages on teenage employment using annual data from the 48 contiguous states in 2006 .
• B)various performance statistics on the (log of)salaries of baseball pitchers in the American League and the National League in 2005 and 2006.
• C)inflation and inflationary expectations on unemployment rates in the United States, using quarterly data from 1960-2006.
• D)drinking alcohol on the GPA of 150 students at your university, controlling for incoming SAT scores.

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Definitions:

Public Policy

A course of action or regulatory measures adopted by a government to address issues of public concern.

Liability

Legal responsibility for one's actions or for a particular outcome, often involving financial restitution.

Safe Deposit Box

A secure container, usually located within a bank vault, used for the safekeeping of valuables.

Heirs

Individuals or entities designated to receive assets upon another's death under the terms of a will or according to the laws of inheritance.