Give an example of an unobserved economic variable
Problem
There are many variables that are important in economic theory but are unobserved. Give an example of an unobserved economic variable which is important for policy decisions.
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After you finish reading The Picture of Dorian Gray and the article by Patrick Duggan in this folder AND after viewing the PowerPoint "Guide to Quoting."
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Give an example of an unobserved economic variable which is important for policy decisions.
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