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The reason for including control variables in multiple regressions is to: a. reduce heteroskedasticity in the error term. b. reduce imperfect multicollinearity. c. make the

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The reason for including control variables in multiple regressions is to: a. reduce heteroskedasticity in the error term. b. reduce imperfect multicollinearity. c. make the variables of interest no longer correlated with the error term, once the control variables are held constant. d. increase the regression R2

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