A counterfactual is
A. what happens when there are no facts.
B. what would have happened if the treatment group had not received the treatment.
C. a legal term describing the process of proving that a negative is the actual truth.
D. none of these answer options are correct.
B. what would have happened if the treatment group had not received the treatment.
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Which of the following does NOT shift the U.S. aggregate demand curve?
A) an increase in GDP in Japan B) an increase in the supply of money C) a decrease in taxes D) a decrease in the price level
Figure 34-7
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In Figure 34-7, AB represents the production possibilities of Pestoland and CD that of Pastaland. Pestoland has a comparative advantage in pasta because it
A. gets more pasta from a given decline in pesto than Pastaland does. B. gets more pesto from a given decrease in pasta production. C. can produce more pasta than Pastaland. D. can produce more pasta and pesto than Pastaland.