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PUP 3002 FSU - Midterm 2 Exam Questions and Answers Graded A+ Casual Inference - Answers drawing a conclusion about casual relationships between various inputs and policy outputs and outcomes Repetition Effect - Answers any change in a subject's performance due to repeating the experimental condition Fundamental Problem of Casual Interference - Answers we are never able to know how a subject would have behaved in the counterfactual because they did not, in fact, receive the treatment Trea...

PUP 3002 Chapter 3 FSU Exam Questions with Correct Answers Graded A+ normative criteria - Answers criteria which focuses on what the state of the world should be positive criteria - Answers criteria which focuses on what the state of the would is Pareto improvement - Answers when you can change allocation of goods to make at least one individual better off without making any other individuals worse off Pareto efficient - Answers an allocation to which no further Pareto improvements can be ma...

FSU PUP 3002 Exam 3 Questions and Answers Latest Update Negative externality - Answers the harm, cost, or inconvenience suffered by a third party because of actions by others Tools for correcting externalities - Answers 1. Consumption Tax 2. Subsidy 3. Output Standards inefficient outcome - Answers When too much of a certain good is produced or consumed relative to the overall costs and benefits to society. deadweight loss - Answers the fall in total surplus that results from a market dis...

PUP 3002 TEST 2 QUESTIONS WITH VERIFIED SOLUTIONS GRADED A+ What is economic growth? - Answers The increase in the market value of the goods and services produced by an economy. A recession is... - Answers A negative growth rate. Economic growth is measured by... - Answers The percent rate of increase in growth domestic product (adjusted for inflation) or 'real GDP' The employment rate is... - Answers Ratio that measures the proportion of the country's working-age population that is...

PUP 3002 Exam #1 Questions and Answers Already Passed Is the social world deterministic or probabilistic? Why do we care about this distinction? - Answers Probabilistic -the social world is probabilistic, -human beings are not deterministic robots whose behaviors always conform to law-like statements -in the social world, correlation doesn't mean causation probabilistic relationship - Answers One that will produce an output from a treatment or initial state, with some probability det...

PUP 3002 FSU EXAM QUESTIONS ANSWERED CORRECTLY LATEST UPDATE study of public policy - Answers systematic scientific analysis of government activity. public policy - Answers government action designed to address the demands of a set of citizens to resolve a social issue Efficiency - Answers whether the resources time and energy of a program are delivering the greatest policy outcomes for a given level of resources. Federalism - Answers is a system of shared powers in which the state governme...

PUP 3002 Midterm Exam Questions and Answers Already Passed Chapter 1 - Public Policy Models Public Policy - Answers - government decisions (including not deciding) on societal rules; - when the gov't replaces individual choice with collective choice (when an individual choice can harm someone else) - the study of gov't activity, including laws, regulations, and funding priorities, and its influence on society - gov't action designed to address the demands of a set of citizens to...

PUP 3002 TEST 1 Questions with Answers (100% Correct Answers) PUP 3002 TEST 1 Questions with Answers (100% Correct Answers)

PUP 3002 Questions with Answers (100% Correct Answers)PUP 3002 Questions with Answers (100% Correct Answers)

PUP 3002 Questions with Answers (100% Correct Answers) PUP 3002 Questions with Answers (100% Correct Answers)