Which panel helps users set up and use CC libraries effectively?

The panel that helps users set up and use CC libraries effectively is the Libraries panel. This panel is designed specifically for managing and organizing creative assets such as graphics, colors, styles, and media items across Adobe applications. It allows users to access their libraries easily, making it simple to drag and drop elements into their projects without having to import files manually each time. This streamlines the workflow, ensuring that assets are consistently used and that users can quickly find and apply the resources they need.

In contrast, the Essential Graphics panel focuses on creating and customizing graphic elements for titles and motion graphics. The Audio panel is focused on sound management and audio adjustments, while the Effects panel deals with applying visual effects to clips. Therefore, the Libraries panel is essential for efficiently managing resources and enhancing creative collaboration.