The observation that highly productive countries have taller populations is an example of:
Question 3 options:
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ANSWER OF THE ABOVE ASKED QUESTION IS OPTION " c " that is CAUSATION .
MEANING OF CAUSATION
The word causation mean the activity of causing ( something )
The observation that highly productive countries have taller populations is an example of: Question 3 options:...
3) In this class we have discussed two types of efficiency: allocative efficiency and productive efficiency. This question is intended to explore those concepts more deeply. Assume the market for milk is a perfectly competitive market. Briefly explain the meaning of allocative efficiency in this market. a. b. Briefly explain the meaning of productive efficiency in this market. Is there any other important gain or cost to society caused by the dairy market that is not C. included in our...
Question 8: Only an experiment can demonstrate cause-and-effect relationships between variables. Question 8 options: A) True B) False Question 9 Saved A researcher observes the number of tasks completed by male and female participants during a multitasking observation period. In this example, sex (male, female) is the quasi-independent variable. Question 9 options: A) True B) False Question 10 Children are randomly assigned to complete a low, moderate, or high difficulty task. The time (in seconds) it takes them to complete...
Question 18 (Ch21&22) Which countries have experienced faster economic growth? 1. A) Countries that have been generally more open to foreign trade and investment. 2. B) Countries that relied less on foreign trade and more on their own internal sources of saving and investment. 3. C) Countries that focused on job preservation. 4.D) Countries that avoided globalization. Question 19 (Ch21&22) Why has productivity growth in the U.S. been more rapid than in the other industrialized countries? A) Because of the...
A correlation tests whether differences exist between two variables. Question 1 options: a) True b) False Question 2 (1 point) You have tested to find whether a relationship exists between hours of sleep the night before an exam and grade on the exam. You have a participant pool of n = 30, df = 28. Your hypothesis is that a significant relationship will exist, where those with more hours of sleep receive higher grades on the exam. This is a...
Economists believe that: Question 4 options: a) making information available to market participants improves market function. b) data is more important to traders than information. c) information should be sold to the highest bidder. d) the flow of information has minimal impact on market efficiency. Question 5 (14 points) When the individuals who get a good or service are the ones who desire that product the most, the economy is experiencing: Question 5 options: a) allocative efficiency. b) equity. c)...
The power of MANOVA to detect an effect depends on: Question 20 options: a) A combination of the correlation between dependent variables and the effect size to be detected. b) A combination of the correlation between independent variables and the effect size to be detected. c) A combination of the correlation between independent and dependent variables. d) None of these
The United States is not competitive with Brazil in sugar production partly because: Question 23 options: a) the United States does not focus upon sugar production. b) the opportunity cost of land suitable to sugar production in Brazil is relatively high. c) Brazil does not focus upon sugar production. d) the opportunity cost of land suitable for sugar production in the United States is relatively high. If the U.S. government wanted to use strategic trade protectionism for U.S.-produced fertilizer, it...
Question 6 (5 points) Tax laws affect Question 6 options: A) economic efficiency but not equity. B) consumption and production, not efficiency and equity. C) equity but not economic efficiency. D) both efficiency and equity. Question 7 (5 points) Suppose the government imposes an 8 percent sales tax on clothing items and the tax is levied on sellers. Who pays for the tax in this situation? (Assume that the demand curve is downward-sloping and that the supply curve is upward-sloping.)...
3. The amount of education a person receives varies substantially among countries. Suppose you were to compare a country with a less educated labor force (with labor efficiency E1) and a country with a highly educated labor force (with labor efficiency E 2). Assume that education affects the level but not the growth of the efficiency of labor, that is E1
Can i have help please 1. What's allocative efficiency? A. An increase in overall market efficiency due to a change in technology B. The allocation of resources in the most fair and equal manner possible C. The production of a particular good in the least costly way D. The particular mix of goods and services most highly valued by society 2.Microeconomics is concerned with A. positive economics, but not normative economics. B. the establishing of an overall view of the...