Which of the following is most likely to be an example of causation?
A) A student wins money by scratching a ticket with a particular coin. He decides to scratch all tickets with the same coin in the future.
B) A soccer player scores 4 goals when he wears red socks. He concludes that the red socks helped him score the goals.
C) A firm producing CFLs installs new machinery. The per-day production of CFLs increases.
D) The crime rate is high in a country. The literacy rate is high as well.
C
You might also like to view...
At the Punjab Bakery, two workers can decorate 14 cakes in an hour and three workers can decorate 18 cakes in an hour. The marginal product of the third worker is
A) 18 cakes, and the average product for three workers is 6 cakes. B) 9 cakes and is equal to the average product. C) 4 cakes, and the average product for three workers is 6 cakes. D) 32 cakes, and the average product for three workers is 9 cakes. E) 6 cakes, and the average product for three workers is also 6 cakes.
The gains from trade rely on overall productivity (absolute advantage)
Indicate whether the statement is true or false
We learn the following about a ski resort: ticket sales $100M, snow making expenses $70M, wages $20M, interest on business loans $5M, and profits $5M. What is the contribution to GDP using the product approach?
A) $70M B) $80M C) $95M D) $100M
Indentured servants were white colonists who sold themselves into slavery when their farms in America failed
Indicate whether the statement is true or false