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Why do economists designing new models to test economic ideas often fall victim to bias? Question 18 options: The model is specified based on what
Why do economists designing new models to test economic ideas often fall victim to bias? Question 18 options: The model is specified based on what the economist hopes to find. They assume that previous models are incorrect. The model is not specified with variables that are understandable to policy-makers. They cannot understand the difference between correlation and causation
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Economics of Money Banking and Financial Markets
Authors: Frederic S. Mishkin
12th edition
134733821, 134733827, 9780134734507 , 978-0134733821
