For economists, substitutes for laboratory experiments often come in the form of
a. natural experiments offered by history.
b. untested theories.
c. "rules of thumb" and other such conveniences.
d. reliance upon the wisdom of elders in the economics profession.
a
Economics
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High differentials in interest rates suggest that the financial markets of New England, the Middle Atlantic and the South were not integrated with those of New York City
Indicate whether the statement is true or false
Economics
Which of the following indicates when Stage I ends and Stage II begins in the short-run production?
A) when AP = 0 B) when MP = 0 C) when MP = AP D) when MP starts to diminish
Economics