An Advantage of Observational Studies Is That

question 100

Multiple Choice

An advantage of observational studies is that:

• A) they can provide accurate descriptions of behaviour.
• B) they do not provide hypotheses to be tested.
• C) they can answer questions about cause and effect.
• D) the presence of observers can alter the behaviour being observed.

---

Definitions:

Resource Market

A market in which households sell and firms buy resources or the services of resources.

Financial Capital

Refers to the funds provided by lenders (and investors) to businesses to purchase real capital equipment for producing goods/services.

Raw Materials

Basic materials that are processed or refined to create goods and products in various industries.

Soviet Union

A former federation of Communist republics that was established in 1922 and dissolved in 1991, consisting of Russia and several other countries in Eurasia.