u are hired by the government to evaluate the impact of a policy change that affects individuals but not another. Suppose that before the policy change, members of a grou the policy averaged $17,000 in earnings, and members of a group unaffected by eraged $16,400. After the policy change, members of the affected group averaged S nings while members of the unaffected group averaged $17,700 in earnings. A. How can you estimate the impact of the policy change? What is the name for tl estimation?
u are hired by the government to evaluate the impact of a policy change that affects individuals but not another. Suppose that before the policy change, members of a grou the policy averaged $17,000 in earnings, and members of a group unaffected by eraged $16,400. After the policy change, members of the affected group averaged S nings while members of the unaffected group averaged $17,700 in earnings. A. How can you estimate the impact of the policy change? What is the name for tl estimation?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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