An Advantage of Conducting a True Experiment in the Laboratory

question 23

Multiple Choice

An advantage of conducting a true experiment in the laboratory (as opposed to conducting a true experiment in the field) is that in the laboratory,it is somewhat easier to:

• A)use random assignment
• B)maximize external validity
• C)maximize attrition
• D)eliminate confounds

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Definitions:

Tariffs

Taxes imposed by a government on imported goods, often used to protect domestic industries and to generate revenue.

Quantity of Imports

The total volume or value of goods and services brought into one country from another over a specified time period.

Deadweight Loss

When a good or service's free market equilibrium is not met, a reduction in economic efficiency occurs.

Total Surplus

The sum of consumer surplus and producer surplus in a market, representing the total net benefit to society from the production and consumption of goods and services.