For economists, what are often used as substitutes for laboratory experiments?
A) natural experiments offered by history
B) computer-generated experiments
C) studies conducted by other disciplines, such as sociologists
D) well-constructed simulations
Correct Answer:
Verified
Q1: What is a characteristic of a good
Q3: Because it is difficult for economists to
Q4: Why do economists make assumptions?
A) to diminish
Q5: What is the goal of theories?
A) to
Q6: What is meant by scientific method?
A) the
Q7: Where do the most common data for
Q8: What happens when economists test theories?
A) They
Q9: What do economists do when they attempt
Q10: Why are historical episodes valuable to economists?
A)
Q11: Which statement best describes the way economists
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