Essay
Give at least three examples from economics where each of the following type of data can be used: cross-sectional data, time series data, and panel data.
Correct Answer:

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Correct Answer:
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Q1: Econometrics can be defined as follows with
Q2: An example of a randomized controlled experiment
Q4: To provide quantitative answers to policy questions<br>A)it
Q5: Ideal randomized controlled experiments in economics are<br>A)often
Q6: The accompanying graph <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5979/.jpg" alt="The accompanying
Q7: The reason why economists do not use
Q8: Most economic data are obtained<br>A)through randomized controlled
Q9: Analyzing the behavior of unemployment rates across
Q10: The most frequently used experimental or observational
Q11: In a randomized controlled experiment<br>A)there is a