Randomization is the assignment of subjects by ________ to a ________
A) chance, rather than by choice; treatment group or into a test group.
B) choice, rather than by chance; treatment group or into a test group.
C) choice, rather than by chance; treatment group or into a control group.
D) chance, rather than by choice; treatment group or into a control group.
D
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If the price of pork rinds falls, the substitution effect due to the price change will cause
A) an increase in the quantity of pork rinds demanded. B) a decrease in the quantity of pork rinds demanded. C) an increase in the demand for pork rinds. D) an increase in the demand for corn chips, a substitute for pork rinds.
Given a market equilibrium point, explain, using the concepts of demand and supply, how it is achieved
What will be an ideal response?
Which of the following criticisms is NOT directed at the IMF?
A) It lacks openness in its decision-making process. B) It serves the interests of wealthier countries. C) It creates a free-riding problem. D) It violates national sovereignty.
If you overhear a group of people talking about their plans to save for their retirement and one of them says that it causes them to save less because, as they reason it, "the government is saving for me," you would attribute this to the
A. asset substitution effect. B. induced retirement effect. C. slovenly effect. D. bequest effect.