Given the Model Crime_it=B₀+B₁Police_i,t+e_it

question 17

Multiple Choice

Given the model
Crime_it=B₀+B₁Police_i,t+e_it
Which one of the following variables do you think would satisfy the exclusion condition?

• A) The number of guns in the city
• B) The wealth of the city
• C) The population density of the city
• D) The number of candy stores in the city

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Definitions:

Federal Trade Commission

A United States federal agency designed to prevent anticompetitive, deceptive, and unfair business practices.

Human Resources

The department within an organization that focuses on recruiting, managing, and directing people who work in it. They handle issues related to employment, such as compliance with labor laws and employment standards, administration of employee benefits, and some aspects of recruitment and dismissal.

Sales Meetings

Gatherings or conferences held with the goal of discussing sales performance, strategies, and objectives.