It is possible that two different economists can examine the same situation,such as school funding,and reach entirely different conclusions.Why is this so?
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Q2: Positive economics
A) does not depend on market
Q3: Econometrics is the statistical analysis of economic
Q4: A counterfactual is
A) what happens when there
Q5: Empirical analysis generally deals with theory and
Q6: Instrumental variables requires that the variable not
Q8: Regression coefficients are indicators of the impact
Q9: The following can be analyzed using econometrics:
A)
Q10: Economists attempt,with moderate success,to perform controlled experiments
Q11: The slope of a regression line is
Q12: A model is a simplified description of
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