Examlex
What is the "reverse causality" problem in determining cause and effect?
Availability Heuristic
A mental shortcut that relies on immediate examples that come to a person's mind when evaluating a specific topic, concept, method, or decision.
Relevant Instances
Specific examples or cases that are directly connected to the subject matter being discussed or analyzed.
Probability
The likelihood or chance of an event occurring.
Representativeness Heuristic
A cognitive shortcut that involves making judgments about the probability of an event under uncertainty, based on how much it resembles the typical case.
Q13: In the market for factors of production,firms
Q15: An expansionary fiscal policy will not cause
Q156: In economics,choices must be made because we
Q207: Refer to Scenario 1-4.Using marginal analysis terminology,what
Q327: Which of the following is a normative
Q338: Policies based on positive economic ideas tend
Q389: Refer to Figure 2-10.If the economy is
Q397: If a straight line passes through the
Q428: In a two-good,two country world,if one country
Q466: Refer to Table 2-30.This table shows the