Why Did Keynes's Conjectures Hold Up Well in the Studies

question 115

Essay

Why did Keynes's conjectures hold up well in the studies of household data and short time-series, but fail when long time-series were examined?

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Definitions:

Attention-Deficit/Hyperactivity Disorder

A condition related to brain development that is marked by a combination of distractibility and/or excessive activity and impulsiveness, which disrupts normal functioning or growth.

Fragile X Syndrome

A genetic condition causing intellectual disability, behavioral and learning challenges, and various physical characteristics.

Trisomy 21

Also known as Down syndrome, a genetic disorder caused by the presence of an extra 21st chromosome.

Phenylketonuria

A genetic disorder characterized by the inability of the body to break down the amino acid phenylalanine, leading to potentially serious neurological complications if untreated.