List the Three Criteria Used to Determine Whether One Variable

question 6

Short Answer

List the three criteria used to determine whether one variable is causing another.

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Definitions:

Investment Spending

Expenditures made for the purpose of acquiring new assets or upgrading existing ones to increase future productivity or revenue.

Transfer Payment

A payment of money (or goods and services) by a government to a household or firm for which the payer receives no good or service directly in return.

Subsidies

Financial support extended to an economic sector (or institution, business, or individual) with the aim of promoting economic and social policy objectives.

Wage Payments

The act of providing remuneration to employees for their labor, usually in the form of a monetary payment over a specified time period.