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Which of the following statements is TRUE?
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Which of the following statements is TRUE?
Which of the following statements is TRUE?
▸ Causation can only arise when correlation is not present.
▸ Correlation can only arise when causation is not present.
▸ Correlation arises when there is causation and can also arise when there is no causation.
▸ Causation arises when there is correlation between two variables and can also arise when there is no correlation.
Textbook
Macroeconomics
Edition:
3
rd
Authors:
Acemoglu, Laibson, List
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Correlation arises when there is causation and can also arise when there is no causation.
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