Suppose a study finds most pot-smokers drank milk as young children
If we reach the conclusion that because most pot smokers "started" on milk, milk drinking "leads" to pot-smoking (at least among certain susceptible groups of milk users), we are most likely A) engaging in correct analysis.
B) confusing statistical correlation with causation.
C) following the axioms of selfish interests.
D) assuming people really do not know what is in their own interests.
B
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In the market for resources, demand and supply:
a. do not behave in the same way as they do in product markets. b. behave in exactly the same way as they do in product markets. c. curves usually do not intersect at equilibrium. d. are both controlled by firms. e. are both controlled by households
Speculation in foreign exchange markets could be:
A. Negative because it reduces the fluctuations in exchange rates B. Positive because it reduces the fluctuations in exchange rates C. Negative because it relies on the supply and demand for gold D. Positive because it relies on the supply and demand for gold