This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: It is difficult to empirically test alternative macroeconomic models against one another because (Read 111 times)

hbsimmons88

  • Hero Member
  • *****
  • Posts: 526
on: Apr 19, 2019

Question 1

Which of the following is 
not one of the reasons why it is difficult to empirically test alternative macroeconomic models against one another?


◦ The rational-expectations assumption is difficult to test.
◦ Macroeconomic models differ in ways that are hard to standardize for.
◦ Macroeconomic models cannot be expressed in mathematical terms.
◦ The amount of data available is fairly small.

Question 2

It is difficult to empirically test alternative macroeconomic models against one another because


◦ macroeconomic models do not predict the same outcomes from policies.
◦ macroeconomic models differ in ways that are hard to standardize for.
◦ macroeconomic models cannot be expressed in mathematical terms.
◦ macroeconomic models are always expressed in scientific terms.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by hbsimmons88 on Apr 19, 2019

daiying98

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


hbsimmons88

  • Hero Member
  • *****
  • Posts: 526
Reply #2 on: Apr 19, 2019
Excellent


daiying98

  • Sr. Member
  • ****
  • Posts: 354
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Allen Test: An occluded ulnar artery results in continued pallor of the hand while the radial artery Allen Test: An occluded ulnar artery results in continued pallor of the hand while the radial artery
Triceps Reflex Test Triceps Reflex Test
Test Paper Test Paper
Models of Pattern Perception Models of Pattern Perception
How to perform the concavity test and second derivative test for a function (Part 2) How to perform the concavity test and second derivative test for a function (Part 2)
Exhaust Restriction Test Exhaust Restriction Test
Video: Oxygen - hemoglobin dissociation curve & Hemoglobin's affinity with oxygen - acidity

For a complete list of videos, visit our video library