________ examines whether one variable has an effect on another by simply looking directly at the relationship between the two variables.
A)Reduced-form evidence
B)Organizational-model evidence
C)Direct-model evidence
D)Structural-model evidence

Question

Quizplus · Accepted Answer

Reduced-form evidence examines the relationship between variables directly, without specifying the underlying mechanism or model that explains how one variable affects another. This approach focuses on the correlation or association between variables.

________ Examines Whether One Variable Has an Effect on Another