For Economists, What Are Often Used as Substitutes for Laboratory

question 166

Multiple Choice

For economists, what are often used as substitutes for laboratory experiments?

• A) natural experiments offered by history
• B) computer-generated experiments
• C) studies conducted by other disciplines, such as sociologists
• D) well-constructed simulations

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Definitions:

Sufficient Cash

Adequate monetary resources available to a business for meeting immediate and short-term obligations.

Stock Dividends Distributable

A portion of retained earnings that has been declared as a dividend to be paid in the form of additional shares of the company's stock rather than cash.

Current Liability

Financial obligations that a company is expected to settle within one year or within its operating cycle, whichever is longer.

Public Corporation

A company whose shares are traded freely on a stock exchange, owned by public investors, and subject to specific disclosure and regulatory requirements.