As the text explains, it can sometimes be very difficult to sort out the direction of causality.
Question:
As the text explains, it can sometimes be very difficult to sort out the direction of causality.
a. Why might you think that more police officers would lead to lower crime rates? Why might you think that higher crime rates would lead to more police officers?
b. In 2012, the New England Journal of Medicine published research that showed a strong correlation between the consumption of chocolate in a country and the number of Nobel Prize winners in that country. Do you think countries that want to encourage their citizens to win Nobel Prizes should increase their consumption of chocolate?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Macroeconomics
ISBN: 9780367752279
Global Edition
Authors: Acemoglu Daron, Laibson David, List John.
Question Posted: