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Author Question: Explain what a model is. What will be an ideal response?[br][br][b][color=#9E3EA8]Question ... (Read 94 times)

fagboi

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on: Jun 29, 2018
Explain what a model is.
 
  What will be an ideal response?

Question 2

Refer to Figure 13-2. Ceteris paribus, an increase in the expected future price level would be represented by a movement from
 
  A) SRAS1 to SRAS2. B) SRAS2 to SRAS1. C) point A to point B. D) point B to point A.


BAOCHAU2803

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A model is a formal statement of a theory. It is generally a mathematical statement of a presumed relationship between two or more variables.

Answer to Question 2

B


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fagboi

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Reply #2 on: Jun 29, 2018
Correct answers!


BAOCHAU2803

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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