A counterfactual is
A. what happens when there are no facts.
B. what would have happened if the treatment group had not received the treatment.
C. a legal term describing the process of proving that a negative is the actual truth.
D. none of these answer options are correct.
B. what would have happened if the treatment group had not received the treatment.
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The best description of the economic ideology during World War I was __________
a. The belief that the economy could be strengthened by centralized coordination. b. The economy would work best with a strong commitment to the free market. c. The US should eliminate many federal agencies during World War I to make the government more efficient.
Some economists believe that if Greece had its own currency, it would not have been as vulnerable to a financial crisis as was the case with being in the Eurozone.
Answer the following statement true (T) or false (F)
The welfare rolls in the United States shot up most dramatically during the period
A. 1945-1949. B. 1960-1964. C. 1980-1984. D. 1990-1994.
Technological advances that increase the marginal product of labor will lead to:
A. an increase in the demand for labor because workers will be more productive. B. no change in demand for labor because the demand for labor depends on the wage. C. a decrease in the demand for labor because the firm won't need as many workers. D. a decrease in the supply of labor because fewer workers can get the job done.