,Test KaBank Ka–Introductory KaEconometrics: KaA KaModern KaApproach,
Ka5th KaEdition Kaby KaJeffrey KaM. KaWooldridge
With KaPERFECT KaSOLUTION KaAVAILABLE KaOF KaALL KaCHAPTERS
Chapter Ka1
1. Econometrics Kais Kathe Kabranch Kaof Kaeconomics Kathat Ka .
a. studies Kathe Kabehavior Kaof Kaindividual Kaeconomic Kaagents Kain Kamaking Kaeconomic Kadecisions
b. develops Kaand Kauses Kastatistical Kamethods Kafor Kaestimating Kaeconomic Karelationships
c. deals Kawith Kathe Kaperformance, Kastructure, Kabehavior, Kaand Kadecision-making Kaof Kaan Ka economy Kaas Kaa
Kawhole
d. applies Kamathematical Kamethods Kato Karepresent Kaeconomic Katheories Kaand Kasolve Kaeconomic Kaproblems.
Econometrics Kais Kabased Kaon Kathe Kadevelopment Kaof
Kastatistical Kamethods Kafor Kaestimating Kaeconomic
Karelationships, Katesting Kaeconomic Katheories, Kaevaluating
Kagovernment Kaand Kabusiness Kapolicies.
2. Nonexperimental Kadata Kais Kacalled Ka .
a. cross-sectional K a data
b. time Kaseries Kadata
c. observational Kadata
d. panel Kadata
3. Which Kaof Kathe Kafollowing Kais Katrue Kaof Kaexperimental Kadata?
a. Experimental Kadata Kaare Kacollected Kain Kalaboratory Kaenvironments Kain Kathe Kanatural Kasciences.
b. Experimental Kadata Kacannot Kabe Kacollected Kain Kaa Kacontrolled Kaenvironment.
c. Experimental Kadata Kais Kasometimes Kacalled Kaobservational Kadata.
d. Experimental Kadata Kais Kasometimes Kacalled Karetrospective Kadata.
4. An Kaempirical Kaanalysis Karelies Kaon Ka to Katest Kaa Katheory.
a. common Kasense
b. ethical Kaconsiderations
c. data
d. customs Kaand Kaconventions
5. The Katerm Ka‘u’ Kain Kaan Kaeconometric Kamodel Kais Kausually Kareferred Kato Kaas Kathe Ka .
a. error Katerm
b. parameter
c. hypothesis
d. dependent Kavariable
6. The Kaparameters Kaof Kaan Kaeconometric Kamodel Ka .
a. include Kaall Kaunobserved Kafactors Kaaffecting Kathe Kavariable Kabeing Kastudied
,b. describe Kathe Kastrength Kaof Kathe Karelationship Kabetween Kathe Kavariable Kaunder Kastudy Kaand Kathe Kafactors
Kaaffecting Kait
c. refer Kato Kathe Kaexplanatory Kavariables Kaincluded Kain Kathe Kamodel
d. refer Kato Kathe Kapredictions Kathat Kacan Kabe Kamade Kausing Kathe Kamodel
7. Which Kaof Kathe Kafollowing Kais Kathe Kafirst Kastep Kain Kaempirical Kaeconomic Kaanalysis?
a. Collection Kaof Kadata
b. Statement Kaof Kahypotheses
c. Specification Kaof Kaan Kaeconometric Kamodel
d. Testing Kaof Kahypotheses
8. A Kadata Kaset Kathat Kaconsists Kaof Kaa Kasample Kaof Kaindividuals, Kahouseholds, Kafirms, Kacities, Kastates,
Kacountries, Kaor Kaa Kavariety Kaof Kaother Kaunits, Kataken Kaat Kaa Kagiven Kapoint Kain Katime, Kais Kacalled Kaa(n) Ka .
a. cross-sectional Kadata Kaset
b. longitudinal Kadata Kaset
c. time Kaseries Kadata Kaset
d. experimental Kadata Kaset
9. Data Kaon Kathe Kaincome Kaof Kalaw Kagraduates Kacollected Kaat Kadifferent Katimes Kaduring Kathe Kasame Kayear Kais
.
a. panel Kadata
b. experimental Kadata
c. time Kaseries Kadata
d. cross-sectional Kadata
10. A Kadata Kaset Kathat Kaconsists Kaof Kaobservations Kaon Kaa Kavariable Kaor Kaseveral Kavariables Kaover Katime
Kais Kacalled Kaa Kadata Kaset.
a. binary
b. cross-sectional
c. time Kaseries
d. experimental
11. Which Kaof Kathe Kafollowing Kais Kaan Kaexample Kaof Katime Kaseries Kadata?
a. Data Kaon Kathe Kaunemployment Karates Kain Kadifferent Kaparts Kaof Kaa Kacountry Kaduring Kaa Kayear.
b. Data Kaon Kathe Kaconsumption Kaof Kawheat Kaby Ka200 Kahouseholds Kaduring Kaa Kayear.
c. Data Kaon Kathe Kagross Kadomestic Kaproduct Kaof Kaa Kacountry Kaover Kaa Kaperiod Kaof Ka10 Kayears.
d. Data Kaon Kathe Kanumber Kaof Kavacancies Kain Kavarious Kadepartments Kaof Kaan Kaorganization Kaon Kaa Kaparticular
Kamonth.
12. Which Kaof Kathe Kafollowing Karefers Kato Kapanel Kadata?
a. Data Kaon Kathe Kaunemployment Karate Kain Kaa Kacountry Kaover Kaa Ka5-year Kaperiod
b. Data Kaon Kathe Kabirth Karate, Kadeath Karate Kaand Kapopulation Kagrowth Karate Kain Kadeveloping Kacountries
Kaover Kaa Ka10- Kayear Kaperiod.
c. Data Kaon Kathe Kaincome Kaof Ka5 Kamembers Kaof Kaa Kafamily Kaon Kaa Kaparticular Kayear.
d. Data Kaon Kathe Kaprice Kaof Kaa Kacompany’s Kashare Kaduring Kaa Kayear.
, 13. Which Kaof Kathe Kafollowing Kais Kaa Kadifference Kabetween Kapanel Kaand Kapooled Kacross-sectional Kadata?
a. A Kapanel Kadata Kaset Kaconsists Kaof Kadata Kaon Kadifferent Kacross-sectional Kaunits Kaover Kaa Kagiven Kaperiod Kaof
Katime Kawhile Kaa Kapooled Kadata Kaset Kaconsists Kaof Kadata Kaon Kathe Kasame Kacross-sectional Kaunits Kaover Kaa
Kagiven Kaperiod Kaof Katime.
b. A Kapanel Kadata Kaset Kaconsists Kaof Kadata Kaon Kathe Kasame Kacross-sectional Kaunits Kaover Kaa Kagiven Kaperiod
Kaof Katime Kawhile Kaa Kapooled Kadata Kaset Kaconsists Kaof Kadata Kaon Kadifferent Kacross-sectional Kaunits Kaover Kaa
Kagiven Kaperiod Kaof Katime
c. A Kapanel Kadata Kaconsists Kaof Kadata Kaon Kaa Kasingle Kavariable Kameasured Kaat Kaa Kagiven Kapoint Kain Katime
Kawhile Kaa Kapooled Kadata Kaset Kaconsists Kaof Kadata Kaon Kathe Kasame Kacross-sectional Kaunits Kaover Kaa Kagiven
Kaperiod Kaof Katime.
d. A Kapanel Kadata Kaset Kaconsists Kaof Kadata Kaon Kaa Kasingle Kavariable Kameasured Kaat Kaa Kagiven Kapoint Kain Katime
Kawhile Kaa Kapooled Kadata Kaset Kaconsists Kaof Kadata Kaon Kamore Kathan Kaone Kavariable Kaat Kaa Kagiven Kapoint Kain
Katime.
14. has Kaa Kacausal Kaeffect Kaon Ka .
a. Income; Kaunemployment
b. Height; Kahealth
c. Income; Kaconsumption
d. Age; Kawage
15. Which Kaof Kathe Kafollowing Kais Katrue?
a. A Kavariable Kahas Kaa Kacausal Kaeffect Kaon Kaanother Kavariable Kaif Kaboth Kavariables Kaincrease Kaor
Kadecrease Kasimultaneously.
b. The Kanotion Kaof Ka‘ceteris Kaparibus’ Kaplays Kaan Kaimportant Karole Kain Kacausal Kaanalysis.
c. Difficulty Kain Kainferring Kacausality Kadisappears Kawhen Kastudying Kadata Kaat Kafairly Kahigh Kalevels Kaof
Kaaggregation.
d. The Kaproblem Kaof Kainferring Kacausality Kaarises Kaif Kaexperimental Kadata Kais Kaused Kafor Kaanalysis.
16. Experimental Kadata Kaare Kasometimes Kacalled Karetrospective Kadata. KaF
17. An Kaeconomic Kamodel Kaconsists Kaof Kamathematical Kaequations Kathat Kadescribe Kavarious Karelationships
Kabetween Kaeconomic Kavariables. KaT
18. A Kacross-sectional Kadata Kaset Kaconsists Kaof Kaobservations Kaon Kaa Kavariable Kaor Kaseveral Kavariables Kaover
Katime. KaF
19. A Katime Kaseries Kadata Kais Kaalso Kacalled Kaa Kalongitudinal Kadata Kaset. K a T
20. The Kanotion Kaof Kaceteris Kaparibus Kameans Ka“other Kafactors Kabeing Kaequal.” KaT
Chapter Ka2
1. A Kadependent Kavariable Kais Kaalso Kaknown Kaas Kaa(n) Ka.
a. explanatory Kavariable
b. control Kavariable
Ka5th KaEdition Kaby KaJeffrey KaM. KaWooldridge
With KaPERFECT KaSOLUTION KaAVAILABLE KaOF KaALL KaCHAPTERS
Chapter Ka1
1. Econometrics Kais Kathe Kabranch Kaof Kaeconomics Kathat Ka .
a. studies Kathe Kabehavior Kaof Kaindividual Kaeconomic Kaagents Kain Kamaking Kaeconomic Kadecisions
b. develops Kaand Kauses Kastatistical Kamethods Kafor Kaestimating Kaeconomic Karelationships
c. deals Kawith Kathe Kaperformance, Kastructure, Kabehavior, Kaand Kadecision-making Kaof Kaan Ka economy Kaas Kaa
Kawhole
d. applies Kamathematical Kamethods Kato Karepresent Kaeconomic Katheories Kaand Kasolve Kaeconomic Kaproblems.
Econometrics Kais Kabased Kaon Kathe Kadevelopment Kaof
Kastatistical Kamethods Kafor Kaestimating Kaeconomic
Karelationships, Katesting Kaeconomic Katheories, Kaevaluating
Kagovernment Kaand Kabusiness Kapolicies.
2. Nonexperimental Kadata Kais Kacalled Ka .
a. cross-sectional K a data
b. time Kaseries Kadata
c. observational Kadata
d. panel Kadata
3. Which Kaof Kathe Kafollowing Kais Katrue Kaof Kaexperimental Kadata?
a. Experimental Kadata Kaare Kacollected Kain Kalaboratory Kaenvironments Kain Kathe Kanatural Kasciences.
b. Experimental Kadata Kacannot Kabe Kacollected Kain Kaa Kacontrolled Kaenvironment.
c. Experimental Kadata Kais Kasometimes Kacalled Kaobservational Kadata.
d. Experimental Kadata Kais Kasometimes Kacalled Karetrospective Kadata.
4. An Kaempirical Kaanalysis Karelies Kaon Ka to Katest Kaa Katheory.
a. common Kasense
b. ethical Kaconsiderations
c. data
d. customs Kaand Kaconventions
5. The Katerm Ka‘u’ Kain Kaan Kaeconometric Kamodel Kais Kausually Kareferred Kato Kaas Kathe Ka .
a. error Katerm
b. parameter
c. hypothesis
d. dependent Kavariable
6. The Kaparameters Kaof Kaan Kaeconometric Kamodel Ka .
a. include Kaall Kaunobserved Kafactors Kaaffecting Kathe Kavariable Kabeing Kastudied
,b. describe Kathe Kastrength Kaof Kathe Karelationship Kabetween Kathe Kavariable Kaunder Kastudy Kaand Kathe Kafactors
Kaaffecting Kait
c. refer Kato Kathe Kaexplanatory Kavariables Kaincluded Kain Kathe Kamodel
d. refer Kato Kathe Kapredictions Kathat Kacan Kabe Kamade Kausing Kathe Kamodel
7. Which Kaof Kathe Kafollowing Kais Kathe Kafirst Kastep Kain Kaempirical Kaeconomic Kaanalysis?
a. Collection Kaof Kadata
b. Statement Kaof Kahypotheses
c. Specification Kaof Kaan Kaeconometric Kamodel
d. Testing Kaof Kahypotheses
8. A Kadata Kaset Kathat Kaconsists Kaof Kaa Kasample Kaof Kaindividuals, Kahouseholds, Kafirms, Kacities, Kastates,
Kacountries, Kaor Kaa Kavariety Kaof Kaother Kaunits, Kataken Kaat Kaa Kagiven Kapoint Kain Katime, Kais Kacalled Kaa(n) Ka .
a. cross-sectional Kadata Kaset
b. longitudinal Kadata Kaset
c. time Kaseries Kadata Kaset
d. experimental Kadata Kaset
9. Data Kaon Kathe Kaincome Kaof Kalaw Kagraduates Kacollected Kaat Kadifferent Katimes Kaduring Kathe Kasame Kayear Kais
.
a. panel Kadata
b. experimental Kadata
c. time Kaseries Kadata
d. cross-sectional Kadata
10. A Kadata Kaset Kathat Kaconsists Kaof Kaobservations Kaon Kaa Kavariable Kaor Kaseveral Kavariables Kaover Katime
Kais Kacalled Kaa Kadata Kaset.
a. binary
b. cross-sectional
c. time Kaseries
d. experimental
11. Which Kaof Kathe Kafollowing Kais Kaan Kaexample Kaof Katime Kaseries Kadata?
a. Data Kaon Kathe Kaunemployment Karates Kain Kadifferent Kaparts Kaof Kaa Kacountry Kaduring Kaa Kayear.
b. Data Kaon Kathe Kaconsumption Kaof Kawheat Kaby Ka200 Kahouseholds Kaduring Kaa Kayear.
c. Data Kaon Kathe Kagross Kadomestic Kaproduct Kaof Kaa Kacountry Kaover Kaa Kaperiod Kaof Ka10 Kayears.
d. Data Kaon Kathe Kanumber Kaof Kavacancies Kain Kavarious Kadepartments Kaof Kaan Kaorganization Kaon Kaa Kaparticular
Kamonth.
12. Which Kaof Kathe Kafollowing Karefers Kato Kapanel Kadata?
a. Data Kaon Kathe Kaunemployment Karate Kain Kaa Kacountry Kaover Kaa Ka5-year Kaperiod
b. Data Kaon Kathe Kabirth Karate, Kadeath Karate Kaand Kapopulation Kagrowth Karate Kain Kadeveloping Kacountries
Kaover Kaa Ka10- Kayear Kaperiod.
c. Data Kaon Kathe Kaincome Kaof Ka5 Kamembers Kaof Kaa Kafamily Kaon Kaa Kaparticular Kayear.
d. Data Kaon Kathe Kaprice Kaof Kaa Kacompany’s Kashare Kaduring Kaa Kayear.
, 13. Which Kaof Kathe Kafollowing Kais Kaa Kadifference Kabetween Kapanel Kaand Kapooled Kacross-sectional Kadata?
a. A Kapanel Kadata Kaset Kaconsists Kaof Kadata Kaon Kadifferent Kacross-sectional Kaunits Kaover Kaa Kagiven Kaperiod Kaof
Katime Kawhile Kaa Kapooled Kadata Kaset Kaconsists Kaof Kadata Kaon Kathe Kasame Kacross-sectional Kaunits Kaover Kaa
Kagiven Kaperiod Kaof Katime.
b. A Kapanel Kadata Kaset Kaconsists Kaof Kadata Kaon Kathe Kasame Kacross-sectional Kaunits Kaover Kaa Kagiven Kaperiod
Kaof Katime Kawhile Kaa Kapooled Kadata Kaset Kaconsists Kaof Kadata Kaon Kadifferent Kacross-sectional Kaunits Kaover Kaa
Kagiven Kaperiod Kaof Katime
c. A Kapanel Kadata Kaconsists Kaof Kadata Kaon Kaa Kasingle Kavariable Kameasured Kaat Kaa Kagiven Kapoint Kain Katime
Kawhile Kaa Kapooled Kadata Kaset Kaconsists Kaof Kadata Kaon Kathe Kasame Kacross-sectional Kaunits Kaover Kaa Kagiven
Kaperiod Kaof Katime.
d. A Kapanel Kadata Kaset Kaconsists Kaof Kadata Kaon Kaa Kasingle Kavariable Kameasured Kaat Kaa Kagiven Kapoint Kain Katime
Kawhile Kaa Kapooled Kadata Kaset Kaconsists Kaof Kadata Kaon Kamore Kathan Kaone Kavariable Kaat Kaa Kagiven Kapoint Kain
Katime.
14. has Kaa Kacausal Kaeffect Kaon Ka .
a. Income; Kaunemployment
b. Height; Kahealth
c. Income; Kaconsumption
d. Age; Kawage
15. Which Kaof Kathe Kafollowing Kais Katrue?
a. A Kavariable Kahas Kaa Kacausal Kaeffect Kaon Kaanother Kavariable Kaif Kaboth Kavariables Kaincrease Kaor
Kadecrease Kasimultaneously.
b. The Kanotion Kaof Ka‘ceteris Kaparibus’ Kaplays Kaan Kaimportant Karole Kain Kacausal Kaanalysis.
c. Difficulty Kain Kainferring Kacausality Kadisappears Kawhen Kastudying Kadata Kaat Kafairly Kahigh Kalevels Kaof
Kaaggregation.
d. The Kaproblem Kaof Kainferring Kacausality Kaarises Kaif Kaexperimental Kadata Kais Kaused Kafor Kaanalysis.
16. Experimental Kadata Kaare Kasometimes Kacalled Karetrospective Kadata. KaF
17. An Kaeconomic Kamodel Kaconsists Kaof Kamathematical Kaequations Kathat Kadescribe Kavarious Karelationships
Kabetween Kaeconomic Kavariables. KaT
18. A Kacross-sectional Kadata Kaset Kaconsists Kaof Kaobservations Kaon Kaa Kavariable Kaor Kaseveral Kavariables Kaover
Katime. KaF
19. A Katime Kaseries Kadata Kais Kaalso Kacalled Kaa Kalongitudinal Kadata Kaset. K a T
20. The Kanotion Kaof Kaceteris Kaparibus Kameans Ka“other Kafactors Kabeing Kaequal.” KaT
Chapter Ka2
1. A Kadependent Kavariable Kais Kaalso Kaknown Kaas Kaa(n) Ka.
a. explanatory Kavariable
b. control Kavariable
