13. Suppose that your state announced that it would provide free tuition to high -achieving students graduating

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13. Suppose that your state announced that it would provide free tuition to high -achieving students graduating from high school starting in 2007. You decide to see whether this new program induces families with high -achieving children graduating in 2007 or later to purchase new cars. To test your findings, you use a “falsification exercise”: you observe the new -car-purchasing behavior of families with children graduating in 2006. Why is this a useful exercise?

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