Ideal Randomized Controlled Experiments in Economics Are

question 5

Multiple Choice

Ideal randomized controlled experiments in economics are

• A)often performed in practice.
• B)often used by the Federal Reserve to study the effects of monetary policy.
• C)useful because they give a definition of a causal effect.
• D)sometimes used by universities to determine who graduates in four years rather than five.

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Definitions:

Educational Debt

The accumulation of debt by individuals as a result of borrowing money to finance their education.

Assimilation

The process by which individuals or groups adopt the culture, norms, and practices of another group, often losing aspects of their original identity.

Boarding Schools

Educational institutions where students live on campus during the school term, historically used in some contexts as tools for assimilating indigenous or minority children into dominant cultures.

General Allotment Act

A 1887 law aimed at assimilating Native Americans into American society by dividing communal tribal lands into individual family plots.