The 25 years prior to the crisis of 2008-2009 were
a. characterized by more instability than the first 50 years of the twentieth century.
b. the most stable economic quarter of a century in American history.
c. characterized by more monetary and price instability than any era other than the 1970s.
d. a period of historically slow growth and high unemployment.
B
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A natural experiment is an empirical study:
A) in which the predictions of the model are not required to be tested with data. B) in which some process, outside the control of the experimenter, has assigned subjects to control and treatment groups in a random or nearly random way. C) in which the researcher assigns subjects to control and treatment groups to verify a cause-effect relationshi
The labor supply curve is usually upward sloping
a. True b. False Indicate whether the statement is true or false