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When One Cannot Determine Which of Two or More Effects

question 58

Short Answer

When one cannot determine which of two or more effects is responsible for the observed behavior it is said to be ____________________.


Definitions:

Unionization Rates

The percentage of workers in a particular labor market or industry that are members of labor unions.

Nominal Wage

The amount of money paid to a worker per unit of time, measured in current currency terms without adjustment for inflation.

Price Level

A general measure of current prices for every type of good or service created in the economy.

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