Microeconomics
Microeconomics
11th Edition
ISBN: 9781260507140
Author: David C. Colander
Publisher: McGraw Hill Education
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Chapter 21, Problem 15QE
To determine

Characteristic that makes data a natural experiment.

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Which event best fits the description of a natural experiment?     Group of answer choices O. A levee break floods a town while a similar town nearby is spared. O. People start leaving a state due to perceived excessive taxes and poor government. O. A town’s economy revives thanks to a new zoo and aquarium that draw tourists. O. Unusual winter storms cause all businesses in an entire area to shut down for two weeks. O. Years of drought gradually ruin the economy of a small nation.
Behavioral economics assumes that people are ___. Traditional economics assumes that people are ___.
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