What is a natural experiment in the context of economics?
CLEAN : 2021 Nobel Economics winners "discovered that what we thought was right is wrong"

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Economics, Social Studies, Business
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11th Grade - University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A theoretical model of economic behavior
A controlled laboratory experiment
A random survey of economic trends
A policy or event used to study economic effects
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the speaker's reaction to the news received in the middle of the night?
Indifferent and uninterested
Confused and skeptical
Annoyed and frustrated
Stunned and thrilled
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the pandemic impacted different parts of the population according to the speaker?
Negligible impact on the economy
Equally across all demographics
More severely in certain parts of the population
Only affecting the elderly
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What did the speaker discover about the impact of minimum wage on employment?
It is not particularly harmful at certain levels
It has no effect on employment
It always benefits employment
It significantly harms employment
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the effect of immigration on wages according to the new findings?
It increases wages for all workers
It has no impact on wages
It benefits many workers but affects close substitutes negatively
It drives down wages for all workers
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