Refer to Scenario 1.2 below to answer the question(s) that follow.
SCENARIO 1.2: A scientist wants to understand the relationship between automobile emissions and the level of global warming. The scientist collects data on the volume of automobile emissions and the levels of global warming over time. The scientist concludes that a 1% increase in automobile emissions causes a 0.0003% increase in average global temperatures. From this information he concludes that the automobile emissions are harmful to the environment and should be reduced to stop the increase in global temperatures.
-Refer to Scenario 1.2. The collection and use of the data on automobile emissions and global warming levels is an example of
A) law and economics.
B) economic history.
C) econometrics.
D) empirical economics.

Question

Quizplus · Accepted Answer

Econometrics is the application of statistical methods to economic data to test economic theories. In this scenario, the scientist is using econometrics to test the theory that automobile emissions cause global warming.