Economists Predict the Business Cycle Well Enough That Stabilization Policy

question 153

True/False

Economists predict the business cycle well enough that stabilization policy is likely to work despite lags in the effects of policy.

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Definitions:

Stroke

Condition resulting when an arteriole in the brain bursts or becomes blocked by an embolism; cerebrovascular accident.

Interneurons

Neurons that transmit impulses between other neurons, especially as part of a reflex arc in the central nervous system.

Spinal Column

The central support structure in vertebrates, consisting of a series of vertebrae extending from the skull to the tailbone.

Limbic System

A complex system of nerves and networks in the brain, involved in instinct and mood control, as well as the processing of emotions.