Question

1. In the last half century, the United States increased education funding per student by approximately 8 times. In the same period, student achievement:

a) increased dramatically

b) was exactly the same

c) was even worse

d) was improved among low-performing students but was slightly worse or nearly the same for top students

4. If we are interested in causal impact of a vocational training program on earnings, we want to hold the following factor(s) equal: a) ability of the trainees b) self-disciplines of the trainees c) job and earning opportunities presented by the economy d) all of the above

5. If a group of unemployed workers have been provided a vocational training program to improve their chance of getting a job, what is the counterfactual outcome? a) their performance in the program b) their employment status after participating in the program c) their employment status if they did not participate in the program d) their earnings after participating in the progra

Answer 1

4. If we are interested in causal impact of a vocational training program on earnings, we want to hold the following factor

Correct Answer:- All of the above

Reason:- All the three stated factors will be decisive in estimating the impact of vocational training program

5:- If a group of unemployed workers have been provided a vocational training program to improve their chance of getting a job, what is the counterfactual outcome?

Correct Answer:- c) their employment status if they did not participate in the program

Reason:- counterfactual analysis, that is, "a comparison between what actually happened and what would have happened in the absence of the intervention."