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Why macroeconomists focus on just a few key statistics trying to understand the health of an economy?
Wiki User
∙ 11y ago
it is too difficult to process all of the information in each market or for every good or service in the economy.
Wiki User
∙ 11y ago
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Why do you think macroeconomics focus on just a few key statistics when trying to understand the health and trajectory of an economy?
Macroeconomics focuses on just a few key statistics when trying to understand the health and trajectory of an economy because trying to incorporate every aspect of the economy would be too difficult. Milton Friedman was a famous macroeconomist.
What has the author Ann Hogan written?
Ann Hogan has written: 'Countdown to progress' -- subject(s): Health planning, Health surveys, Medical Statistics, Public health, Statistics, Vital Statistics
Is there a difference between vital records and health statistics?
Vitals records is the records that states when and where you were born. Health statistics tells about your health records, such as your vaccinations.
What are the statistics for health in Kenya?
yes
What has the author Oklahoma Dept of Health written?
Oklahoma Dept of Health. has written: 'Oklahoma health statistics'
What has the author Mark J Kittleson written?
Mark J. Kittleson has written: 'Vital statistics for the public health educator' -- subject(s): Medicine, Public health, Statistical methods, Statistics, Vital, Vital Statistics
What is the importance of statistics of the fields of medicine?
Statistics are a crucial part of the field of medicine. Health statistics provide information about studies which help to track the progress of research and development of new cures and technology. In addition, health statistics give a good glimpse of the overall health of the human race, showing which diseases are prevalent in different locations, as well as how the quality of health varies by location, age, and other factors.
What is the important of statistics in the field of medicine?
Statistics are a crucial part of the field of medicine. Health statistics provide information about studies which help to track the progress of research and development of new cures and technology. In addition, health statistics give a good glimpse of the overall health of the human race, showing which diseases are prevalent in different locations, as well as how the quality of health varies by location, age, and other factors.
How has the stress of the economy impacted health care?
health care took the economy into more of a financial melt down...
What has the author Victor Cohn written?
Victor Cohn has written: 'Sister Kenny' -- subject(s): History, Poliomyelitis 'News & numbers' -- subject(s): Environmental health, Public health, Statistics, Vital Statistics, Vital statistics
Why is it necessary to come up with theories to explain what happens in the economy?
Most people are affected by the state of the economy, often quite seriously. A bad economy leads to unemployment, poverty, and in extreme cases, even starvation and death. A good economy leads to prosperity and happiness. So we have good reason to want a healthy economy. And in order to maintain economic health, we need to understand how our economy works.
What has the author Veena Bhasin written?
Veena Bhasin has written: 'People, health, and disease' -- subject(s): Statistics, Medical, Public health, Medical geography, Medical Statistics
