The Use of a Laboratory Experiment Is Desirable

question 43

Multiple Choice

The use of a laboratory experiment is desirable:

• A) when the sample is representative of the population to which the results are generalized.
• B) when the experiment's context and conduct are natural so that the subjects behave realistically.
• C) when the intent of the experiment is to achieve high levels of external validity.
• D) when the intent of the experiment is to achieve high levels of internal validity.
• E) when the intent is to achieve high external validity and moderate internal validity.

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Definitions:

Absence of Trade

A situation where there is no exchange of goods or services between individuals, regions, or countries, often resulting in decreased economic efficiency and growth.

Tariff

A tax imposed by a government on imports or exports of goods to regulate trade policies.

Excise Tax

A sales tax levied on a particular good or service; for example, gasoline and cigarette taxes.

Imported Good

A product or service brought into one country from another for use, sale, or consumption.