Alfonso Has Noticed That Increases in Unemployment Insurance Claims Are

question 40

Multiple Choice

Alfonso has noticed that increases in unemployment insurance claims are associated with recessions,and therefore he advocates limits on unemployment insurance so as to prevent recessions.Mary has noticed that most drug addicts once attended schools,and therefore she advocates getting rid of schools so as to prevent drug addiction.

• A)The reasoning of both Alfonso and Mary suffers from the omitted variable problem.
• B)The reasoning of both Alfonso and Mary suffers from the reverse causality problem.
• C)Alfonso's reasoning suffers from the reverse causality problem,and Mary's reasoning suffers from the omitted variable problem.
• D)Mary's reasoning suffers from the reverse causality problem,and Alfonso's reasoning suffers from the omitted variable problem.

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Definitions:

Marketing Mix

The combination of factors that can be controlled by a company to influence consumers to purchase its products. It typically includes product, price, place, and promotion.

Concentrated Marketing

A strategy that focuses on targeting a small, well-defined consumer segment or niche market.

Differentiated Marketing

A marketing strategy where a company targets several market segments with distinct products or services tailored to those segments.

Organizational Structure

The system of tasks, workflows, reporting relationships, and communication channels that link together the diverse parts of an organization.