Some financial aid such as the Pell grant is assigned on the basis of financial need. Suppose you examine the relationship between college completion and financial aid receipt by running a regression of college completion on aid receipt. Why might it be incorrect to interpret the coefficient on financial aid eligibility as the causal effect of aid on college completion

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next