An example of a randomized controlled experiment is when
A) households receive a tax rebate in one year but not the other.
B) one U.S.state increases minimum wages and an adjacent state does not, and employment differences are observed.
C) random variables are controlled for by holding constant other factors.
D) some 5th graders in a specific elementary school are allowed to use computers at school while others are not, and their end-of-year performance is compared
Holding constant other factors.
Correct Answer:
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Q1: Most economic data are obtained
A)through randomized controlled
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Q3: Give at least three examples from economics
Q4: Econometrics can be defined as follows with
Q5: Panel data
A)is also called longitudinal data.
B)is the
Q6: Ideal randomized controlled experiments in economics are
A)often
Q9: Analyzing the behavior of unemployment rates across
Q10: The accompanying graph Q13: To provide quantitative answers to policy questions Q16: Analyzing the effect of minimum wage changes
A)it
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