Microeconomics
Which of the following best describes causation?
Which of the following is an example of reverse causality?
A study shows a correlation between the number of books in a home and children's academic performance. What could be a potential omitted variable or reverse causality in this scenario?
Which statement is true about correlation?
A graph shows a positive correlation between education level and wages. Which of the following could be an omitted variable that might affect this relationship?
Which of the following scenarios is an example of reverse causality?
Which of the following is an example of a positive correlation?
Which of the following pairs of variables is likely to show a positive correlation?
Why is it important to consider all relevant variables when interpreting graphs?
Which of the following scenarios is likely to show a positive correlation?
