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hellchicken hellchicken
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A year ago
Suppose economists at the World Bank discover a positive correlation between family income and female education levels in developing countries. We can say that

▸ an increase in family income causes an increase in female education levels.

▸ there is a causal relationship between family income and female education.

▸ an increase in female education levels causes an increase in family incomes.

▸ the observed correlation is consistent with a theory that an increase in female education levels causes an increase in family income.

▸ the correlation is inconsistent with a theory that an increase in female education levels causes an increase in family income.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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ydnam23ydnam23
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A year ago
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This helped my grade so much Perfect
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