These Four Steps, in the Following Order, Are Used to Study

question 6

True/False

These four steps, in the following order, are used to study macroeconomic behavior:
(1) document the facts;
(2) develop a model;
(3) compare the predictions of the model to the original facts; and
(4) use the model to make other predictions that eventually may be tested.

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Definitions:

Catharsis

The process of releasing, and thereby providing relief from, strong or repressed emotions, often through art, drama, or other forms of expression.

Aggressive Action

Behavior intended to harm or injure another person, either physically or psychologically.

Behavior Feedback

Information received about one's actions, which can influence future behavior by reinforcing desired behaviors or discouraging undesired ones.

Spontaneous Remission

The unexpected improvement or cure of a disease that typically does not have a favorable prognosis.