Explain why it is more difficult to determine causality in economics than in other sciences such as physics, chemistry, and biology.
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Q16: If we observe that the amount of
Q17: Controlled experiments are
A)seldom used in economics because
Q18: Two variables are correlated if
A)they both move
Q19: To see whether the price of gasoline
Q20: An economic variable is any economic measure
Q22: Economics has always been a good example
Q23: A microeconomic model must be much smaller
Q24: An economic model is a tool used
Q25: A model gives the most realistic description
Q26: Exhibit 2-1
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