Some people go to a new gym because it just happened to open up right next to where they live. People who live farther away do not go to this new gym as much. You compare fitness between these two groups. Using the concept of natural experiment, which of the following statements is true about the scenario?
A. This is a good natural experiment.
B. This is a decent natural experiment.
C. This is not a natural experiment.
A. This is a good natural experiment.
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Refer to the scenario above. Which of the following is true if the car dealer has a reputation of trustworthiness?
A) The equilibrium outcome is equitable. B) There is no unique equilibrium. C) There are multiple equilibria. D) The equilibrium is socially efficient.
Strong growth in the U.S. during the 1990s may have been the result of
a. higher rates of government savings. b. reduced international trade barriers. c. strong labor productivity growth. d. stable inflation. e. All of the above
Which of the following markets would reach long-run equilibrium fastest?
A) online retail B) auto dealers C) oil extraction D) World Series tickets
By 2012, the dollar value of the debt:
A. past 100 percent of GDP. B. the lowest in the U.S. history. C. was reduced to $500 billion. D. back down to 40 percent of GDP.