The Most Common Data for Testing Economic Theories Come from

question 243

Multiple Choice

The most common data for testing economic theories come from

• A)carefully controlled and conducted laboratory experiments.
• B)computer models of economies.
• C)historical episodes of economic change.
• D)centrally planned economies.

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Definitions:

Unlimited Liability

A legal situation in which the owners of a business are personally responsible for all the debts and liabilities of the business.