Question: What is the primary advantage of using panel data rather than a large cross-section data set collected over time? Select one: a. It allows you

What is the primary advantage of using panel data rather than a large cross-section data set collected over time?

Select one:

a. It allows you to control for individual heterogeneity.

b. It allows the effects of legislation to be estimated.

c. It gives you more degrees of freedom.

d. It allows coefficients to vary over time.

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