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An Omitted Variable Is a Variable That ________

Question 24

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

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