Economists do not use the laboratory methods of the physical sciences because:
A) economic problems are more complex than those of the physical sciences.
B) the scarce resources that are of concern to economists cannot be found in a laboratory.
C) it is impossible to control all the variables that influence the results of the experiment.
D) economic theories cannot be applied to individual situations, only to problems faced by the entire country.

Question

Quizplus · Accepted Answer

Economists cannot use laboratory methods because it is impossible to control all the variables that influence economic outcomes, unlike in physical sciences where controlled experiments are feasible.

Economists Do Not Use the Laboratory Methods of the Physical