Which of the following is not an example of a natural experiment an economist might use to evaluate a theory?
A) Transit ridership increased in Atlanta following an increase in gas prices.
B) Federal tax revenue increased following a decrease in the tax rate.
C) Students in a principles of microeconomics course are asked to play a game with classmates to determine what decisions they make under certain circumstances.
D) Following the imposition of austerity measures,the growth rate of the economy in Greece slowed.
Correct Answer:
Verified
Q26: When studying the effects of public policy
Q27: In conducting their research,economists often substitute historical
Q28: The most common data for testing economic
Q29: For economists,substitutes for laboratory experiments often come
Q30: One thing economists do to help them
Q32: For economists,historical episodes
A)are not worthy of study
Q33: Economists regard events from the past as
A)irrelevant,since
Q34: Economists make assumptions to
A)provide issues for political
Q35: For an economist,the idea of making assumptions
Q36: The decision of which assumptions to make
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents