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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.
Data
Data consists of facts, statistics, or items of information often used as a basis for analysis, discussion, or calculation.
Elementary Description
A basic and fundamental explanation or representation of a subject.
Transactions
Operations or exchanges between parties, often involving the transfer of goods, services, money, or information.
Knowledge
Information, understanding, and skills gained through education or experience; the theoretical or practical understanding of a subject.
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