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?

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter15: Poverty And Economic Inequality

Section: Chapter Questions

Problem 3SCQ: Imagine that the government reworks the welfare policy that was affecting Jonathan in question 1, so...

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