Experimental economics
A)is the dominant method in economics.
B)does not exist.
C)uses laboratory experiments to analyze economic behavior.
D)is the method used when comparing the economic experience of other countries.
E)is the method used by the government to collect economic data.

Question

Quizplus · Accepted Answer

Experimental economics is a method that uses laboratory experiments to analyze economic behavior. It is not the dominant method in economics, nor is it used by the government to collect economic data. It may be used when comparing the economic experience of other countries, but it is not the exclusive method for such comparisons.

Experimental Economics