Multiple Choice
An omitted variable is a variable that ________.
A) is purposely left out as it does not aid an economic analysis
B) does not cause other variables in a study to change when it changes
C) is removed from a study as it can lead to the problem of reverse causality
D) has been left out, and if included, would explain why the variables considered in a study are correlated
Correct Answer:

Verified
Correct Answer:
Verified
Q19: Randomization is the assignment of subjects by
Q20: Which of the following is a feature
Q21: In country X,the average yearly salary of
Q22: The slope of the line on a
Q23: The weights of six students in the
Q25: A model is based on an assumption
Q26: Which of the following relationships is most
Q27: In research,what is the importance of experiments?
Q28: On a line chart,the income of a
Q29: Empiricism refers to using _ to analyze