Jamal is interested in the effect of the introduction of a minimum wage in the Netherlands and applies a Difference-in-Difference design using Belgium as a control group. He has data for 2 consecutive years, where in the first year there was no minimum wage in both the Netherlands and Belgium, and in the second year in the Netherlands a minimum wage was applied, but not in Belgium. In order to estimate the effect of the minimum wage on employment, he estimates the following regression model: Yit= + Ti +t+ (Ti * t) +t , where Ti denotes treatment status (country dummy, 1 if the Netherlands, and 0 if Belgium), t denotes the time period (0 for the first period, 1 for the second period), and Ti * t denotes the interaction between treatment status and time. The output is as follows: Variable Coefficient Ti -0.06 t 0.02 Ti*t -0.03 Constant 0.78 What was the employment rate in Belgium in the second period on basis of this estimation? a. 0.72 b. 0.80 c. 0.69 d. 0.74