Which of the following claims is most likely to suffer from reverse causality?
A) Higher income increases consumption.
B) Relatively wealthy people tend to be relatively healthy.
C) More hours of study is likely to lead to better results.
D) Crime rate is seen to be lower in countries having a higher level of poverty.
B
You might also like to view...
Which of the following would be classified as a short-run decision?
A) A firm's decision to decrease the amount of electricity used in day-to-day operations by encouraging employees to adopt conservation strategies, e.g., shut off lights when leaving a room. B) A restaurant's decision to increase the number of patrons it can accommodate by adding on a new dining room. C) A trucking firm's decision to move to a smaller facility. D) A university's decision to add a new residence hall.
What is the name of the monopolist having a declining long-run average cost throughout the market?
a. Monopolistic competition. b. Monopoly by legal barrier. c. Natural monopoly. d. Contrived monopoly.
What is the relationship between financial market development and economic growth?
What will be an ideal response?
The lowest two-fifths of our population receives about _____% of our total income.
A. 5 B. 9 C. 12 D. 18