The Conditions of Concomitant Variation,time Order of Occurrence of Variables

question 2

True/False

The conditions of concomitant variation,time order of occurrence of variables and elimination of other possible causal factors,are necessary but not sufficient to demonstrate causality.

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Definitions:

Savings and Loan Associations

Banks and similar entities that focus on taking in savings from depositors and providing home loans along with other types of financing.

Mortgage Loans

Loans secured by real property through the use of a mortgage note which evidences the existence of the loan and the encumbrance of that realty.

Installment Loans

Loans that are repaid over time with a set number of scheduled payments, commonly used for items like cars and large appliances.

Financial Intermediary

An institution that acts as a middleman between savers and borrowers, facilitating the flow of funds in the economy, such as banks or credit unions.