Explain why macroeconomists tend to use models to understand how economies work, rather than doing
experiments.
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Q51: The government surplus is the same as
A)outlays
Q52: The Canadian recession of 1981-82
A)was likely caused
Q53: Adam Smith's Wealth of Nations emphasized
A)that Scotland
Q54: For the study of economic growth, it
Q55: The Fisher relation is
A)the negative relationship between
Q56: One possible explanation of the higher unemployment
Q57: Money is differentiated from other assets due
Q58: The 2007-08 recession in Canada
A)was worsened by
Q59: New Keynesian Theory
A)includes microeconomic foundations and does
Q60: Which of the following is a fundamental
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