Someone Notices That Sunspot Activity Is High Just Prior to Recessions

question 57

Multiple Choice

Someone notices that sunspot activity is high just prior to recessions and concludes that sunspots cause recessions. This person has:

• A) confused association and causation.
• B) misunderstood the Ceteris paribus assumption.
• C) used normative economics to answer a positive question.
• D) built an untestable model.

Grasp the socio-economic effects of migration on destination countries, including impacts on output, wage rates, and population growth.

Explain the significance of "beaten paths" in labor migration and how social networks influence migration patterns.

Appreciate the roles of age and human capital in the likelihood of migration.

Understand the impact of immigration on domestic output and business income in both sending and receiving countries.

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Definitions:

Sphincter

A circular muscle that controls the passage of substances through an opening in the body, such as the anus or the esophagus.

Orbicular

Shaped like a circle or orbit; referring to muscles that encircle openings in the body, such as the orbicularis oris muscle around the mouth.

Antagonist

Muscle that works in opposition to another muscle.

Opposition

Movement of the thumb and little finger toward each other; movement of the thumb toward any of the fingers.