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For economists, substitutes for laboratory experiments often come in the form of a. natural experiments offered...

For economists, substitutes for laboratory experiments often come in the form of

a. natural experiments offered by history.

b. untested theories.

c. “rules of thumb” and other such conveniences.

d. reliance upon the wisdom of elders in the economics profession.

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Answer #1

Ans) the correct option is a. natural experiments offered by history.

economists consider the natural experiments offered by history as substitutes of laboratory experiments.

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