How is a historical look at the macroeconomy of Canada beneficial?
A)It assures us that the real issues of the day do not change.
B)It enables us to realize that the views of economists about the issues of the day are very similar over time.
C)It helps us to identify the relationship between economic events and changes in macroeconomic theory.
D)It establishes the unchanging nature of macroeconomic theory.

Question

Quizplus · Accepted Answer

A historical look at the macroeconomy of Canada can help us identify the relationship between economic events and changes in macroeconomic theory. This understanding can be helpful in shaping future policy decisions and in predicting the impact of economic events on the economy.

How Is a Historical Look at the Macroeconomy of Canada