Possible Solutions to Omitted Variable Bias, When the Omitted Variable

question 7

Multiple Choice

Possible solutions to omitted variable bias, when the omitted variable is not observed, include the following with the exception of

• A)panel data estimation.
• B)nonlinear least squares estimation.
• C)use of instrumental variables regressions.
• D)use of randomized controlled experiments.

---

Definitions:

Public Services

Services provided by the government to its citizens, such as education, healthcare, and transportation.

Clothed

The state of being dressed or wearing garments.

Fed

A term colloquially used to refer to the Federal Reserve System, the central banking system of the United States.

Community College

A type of educational institution that provides higher education and lower-level tertiary education, granting certificates, diplomas, and associate degrees.