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Home Q & A Board Other Fields Homework Help Business Economics
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Tidy Tidy
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8 years ago
An "omitted variable" is
A) a variable which is purposely omitted from an economic analysis.
B) a variable which is inadvertently omitted from an economic analysis.
C) a variable that has no impact on other variables in an economic analysis.
D) a variable that affects other variables and its omission from economic analysis can lead to false conclusions about cause and effect.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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DropxDropx
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8 years ago
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8 years ago
Thanks for updating the community. A lot posters don't realize how important feedback is!
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