Principles of Econometrics, 5th Edition. Carter Hill, William E. Griffiths and Guay C. Principles of Econometrics, 5th Edition, is an introductory book for undergraduate students in economics and finance, as well as first-year graduate students in economics, finance, accounting, agricultural economics, marketing, public policy, sociology, law and political science.
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Chapter 1 Economic Questions and Data 1.1 Multiple Choice1) Analyzing the behavior of unemployment rates across U.S. States in March of 2006 is an example of usingA) time series data.B) panel data.C) cross-sectional data.D) experimental data.Answer: C2) Studying inflation in the United States from 1970 to 2006 is an example of usingA) randomized controlled experiments.B) time series data.C) panel data.D) cross-sectional data.Answer: B3) Analyzing the effect of minimum wage changes on teenage employment across the 48 contiguous U.S. Statesfrom 1980 to 2004 is an example of usingA) time series data.B) panel data.C) having a treatment group vs.
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