Macroeconomists cannot conduct controlled experiments, such as testing various tax and expenditure policies, because:
A)it is against the law.
B)they tried it once and it did not work.
C)they must make use of the data history gives them.
D)economists already know the Answer s that would come out of

Question

Quizplus · Accepted Answer

Macroeconomists cannot conduct controlled experiments due to ethical and practical reasons. Conducting controlled experiments may pose risks on people's welfare and the economy as a whole. Therefore, economists must rely on historical data and analytical methods to evaluate policy options and make recommendations.

Macroeconomists Cannot Conduct Controlled Experiments, Such as Testing Various Tax