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Assume you see that two macroeconomic variables are correlated with each other. But you want to know if there's an underlying or causal relationship between the two variables. Would you use an empirical or theoretical investigation? Explain why.
You would use a theoretical investigation. Empirical investigation is useful in explaining macroeconomic phenomenon, but might be inadequate in explaining them. It might be clear that two variables are correlated, but unclear if there's a causal relation among the two. Theoretical investigation can more closely study complex relationships among phenomena.
What is paramagnetic?
Formal and Informal systems - MRP System Most production systems are full of 'pushes' and 'pulls'. The formal system issues orders, ie 'pushes'. The informal system tries to
You are considering whether or not to go to graduate school. Well… there are many things to consider, of course, such as the type of job you would thus get, the opportunity to live
Movements of the demand curve itself, either to the left or right are known as changes in demand. A change in demand is caused by a change in one or more of the nonprice determina
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Question: Describe the meaning of ABC inventory control and on what key premise is this system based? The finance department of Electric Corporation gathered the following i
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shows teh steps in unitary mehod
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