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To test the effectiveness of a newly developed medicine, 300 patients suffering from a heart ailment ...

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To test the effectiveness of a newly developed medicine, 300 patients suffering from a heart ailment ...

To test the effectiveness of a newly developed medicine, 300 patients suffering from a heart ailment were divided into two groups of 150 people each. One group was treated with the new medicine, while the other was treated with an already existing, widely used medicine. In this scenario, identify the treatment group and the control group. What is the rationale behind dividing patients into two groups?

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Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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