Suppose One Study Uses Data on Prices and Cigarette Smoking

Suppose one study uses data on prices and cigarette smoking behavior to estimate the overall effect of cigarette-price changes on smoking,while another uses the same data to decompose the effect into income and substitution effects.The first study provides _________ estimates; the second provides __________ estimates.

A) reduced form; reduced form
B) structural; structural
C) quasi-experiment; randomized
D) reduced form; structural

Correct Answer:

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