(Solved by Humans)-An "omitted variable" is A) a variable which is purposely omitted

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Type of Paper:

Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

Question

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.



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