Solved

Economic Theory Provides a Basis for Which Variables Are Relevant

Question 2

Multiple Choice

Economic theory provides a basis for which variables are relevant and should be included in an econometric model.But econometrics provides tools to estimate ____________________ which tells us ________________________________.


A) a model,the functional form that should be used.
B) causality,why it happens that way
C) a parameter,how much or to what degree things change.
D) variables,the probability of a specific outcome.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents