Prior to an expanded child care subsidy program in Illinois, the labor force participation rate of single mothers in Illinois was 45% and in Wisconsin was 48%. After Illinois expanded its child care subsidy program, the participation rate increased to 58% in Illinois and to 51% in Wisconsin. The expanded child care program in Illinois is estimated to increase labor force participation of single mothers by how much according to a difference-in-differences estimator?
A. 7%
B. 13%
C. 6%
D. 3%
E. 10%
Answer: E
You might also like to view...
In the______________, workers cannot work efficiently because there are too many resources per worker.
Fill in the blank(s) with the appropriate word(s).
In economic decision making, what is a net benefit?
a. the fair-market value of both the money costs and the non-money costs b. the financial value gained from comparative advantages and absolute advantages c. the projected difference between marginal thinking and opportunity costs d. the difference between expected marginal benefits and expected marginal costs
An increase in the price of one good can cause the demand for another good to increase if the goods are complements.
Answer the following statement true (T) or false (F)
Why might an economist argue that it could be damaging to the economic growth of a nation if it focused mostly on the production of consumer goods?
What will be an ideal response?