A government is evaluating the effectiveness of a new tax policy. Economists collect data on tax rates, government revenue, and economic growth before and after the policy implementation. They use econometric methods to assess the policy's impact on economic indicators. This application of econometrics primarily serves to: A) Estimate policy impact B) Create new tax laws C) Design government websites D) Recruit government staff

A government is evaluating the effectiveness of a new tax policy. Economists collect data on tax rates, government revenue, and economic growth before and after the policy implementation. They use econometric methods to assess the policy's impact on economic indicators. This application of econometrics primarily serves to: A) Estimate policy impact B) Create new tax laws C) Design government websites D) Recruit government staff

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter19: Public Choice And Special Interest Group Politics

Section: Chapter Questions

Problem 11QP

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