Most Empirical Testing in Macroeconomics Uses Data Beginning from About

question 36

True/False

Most empirical testing in macroeconomics uses data beginning from about 1950.

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Definitions:

Predominant Change

A major or primary alteration in something, such as an organization, system, or society's way of operation.

Ronald Reagan

The United States' 40th commander-in-chief from 1981 to 1989, famous for his right-wing policies and contributing to the conclusion of the Cold War.

Liberal Democrat

A member of a political party or ideology that combines liberal policies on social issues with democratic principles.