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Economists Predict the Business Cycle Well Enough That Stabilization Policy

question 153

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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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Data consists of facts, statistics, or items of information often used as a basis for analysis, discussion, or calculation.

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A basic and fundamental explanation or representation of a subject.

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Operations or exchanges between parties, often involving the transfer of goods, services, money, or information.

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Information, understanding, and skills gained through education or experience; the theoretical or practical understanding of a subject.

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