To provide quantitative answers to policy questions
B) you should interview the policy makers involved.
C) you should examine empirical evidence.
D) is typically impossible since policy questions are not quantifiable.
Answer: C
Econometrics
- In a randomized controlled experiment
- Ideal randomized controlled experiments in economics are
- Panel data
- Analyzing the effect of minimum wage changes on teenage employment across the 48 contiguous U.S. states from 1980 to 2004 is an example of using
- Analyzing the behavior of unemployment rates across U.S. states in March of 2006 is an example of using