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Economic Theory

Economic Models vs. The Real World

May 4, 2019 by Counter Markets

By Frank Shostak The government's releases of various economic indicators such as GDP, CPI and unemployment receive wide coverage in the media. In a measured and authoritative voice, various economists and other experts who are interviewed discuss their views regarding the health of the economy. A rise in an indicator such as GDP is interpreted as good news while a decline … [Read more...] about Economic Models vs. The Real World

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