One of the major lessons learned in the chapter on experiments and quasi-experiments
A) is that there are almost no true experiments in economics and that quasi-experiments are a poor substitute.
B) you should always use TSLS when estimating causal effects in quasi-experiments.
C) populations are always homogeneous.
D) is that the insights of experimental methods can be applied to quasi-experiments, in which special circumstances make it seem "as if" randomization has occurred.
You might also like to view...
Would the housing industry be characterized as an increasing, decreasing or a constant-cost industry? Explain your position
What will be an ideal response?
The basic economic problem of ________ has always existed and will continue to exist
A) inflation B) recession C) efficiency D) scarcity
Which of the following will cause an increase in the quantity demanded of ice cream at an ice cream store?
a. The onset of summer brings about an increase in the temperature. b. The price of frozen yogurt that is sold at the store is reduced by 5 percent. c. A new ice cream flavor is introduced at the store. d. The store introduces a limited period offer of 20 percent off on the price of ice cream. e. The income of the store's consumers increases.
Movements of workers from country to country can cause shifts in the labor supply curves for both countries
a. True b. False Indicate whether the statement is true or false