Because It Is Difficult for Economists to Use Experiments to Generate

question 72

Multiple Choice

Because it is difficult for economists to use experiments to generate data,they generally must

• A)do without data.
• B)substitute assumptions for data when data are unavailable.
• C)rely upon hypothetical data that were previously concocted by other economists.
• D)use whatever data the world gives them.

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Definitions:

Primary Emotions

Basic emotions that are universal across cultures, such as happiness, sadness, fear, and anger.

Apprehension

A feeling of anxiety or fear that something bad or unpleasant will happen, often involving concern about future events or situations.

Fear

Fear is an emotional response to perceived threats or danger, which can trigger a variety of physical and psychological reactions.

Terror

An intense fear or anxiety that can be caused by perceived threats or actual events, often leading to significant psychological stress.