Randomized Controlled Trials

question 57

Multiple Choice

Randomized controlled trials:

• A) choose people randomly to measure the impact of a particular intervention, saving the cost of evaluating all participants.
• B) randomly assign people into control and treatment groups in order to focus on the impact of a particular intervention.
• C) control how much of a treatment is given to each participant in order to measure the ideal quantity.
• D) are not a useful tool in assessing how specific interventions may influence economic development.

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Definitions:

Quantity Sunglasses

The total number of sunglasses that buyers are willing to purchase at a given price.

Supply Sugar

Refers to the total amount of sugar that producers are willing and able to sell at a given set of prices, over a specific period of time.

Price Sugar

The cost or value assigned to sugar, influenced by factors such as market demand, production costs, and supply levels.

Hurricane Andrew

A powerful and destructive category 5 Atlantic hurricane that struck the Bahamas, Florida, and Louisiana in August 1992.