Question: answer attached question below 1. [10 points in total; 2.5 pts. each.] Suppose that State Z introduced a public program in 2016 to improve the

answer attached question below

answer attached question below 1. [10 points in total; 2.5 pts. each.]

1. [10 points in total; 2.5 pts. each.] Suppose that State Z introduced a public program in 2016 to improve the labor market conditions, specifically the labor supply in terms of number of hours worked within the State. As a Special Economic Advisor to the State Governor, you have been assigned the task of evaluating the program. Specifically, the Governor is interested in evidence about whether this program has led to effective increases in labor supply (as defined earlier) within the state. You observe the following information: Year Number of hours worked in State Z (in millions) 2011 600 2013 520 2015 640 2017 700 A. Using the appropriate approach. as discussed in class, what do you think is a better estimator to evaluate this program and what the best estimate is

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