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 98 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?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Relative rate test, calibrating the molecular clock, and calculating divergence dates. Relative rate test, calibrating the molecular clock, and calculating divergence dates.
Performing a Urine Pregnancy Test Using the Enzyme Immunoassay Method Performing a Urine Pregnancy Test Using the Enzyme Immunoassay Method
To test the normally open contacts, connect one meter lead to terminal 30 and the other lead to ... To test the normally open contacts, connect one meter lead to terminal 30 and the other lead to ...
Most PCV valves used on newer vehicles are secured with fasteners, which makes it more difficult ... Most PCV valves used on newer vehicles are secured with fasteners, which makes it more difficult ...
Possible mechanisms for alternative splicing by splice-site selection Possible mechanisms for alternative splicing by splice-site selection
Climate models Climate models
Video: Types of synapses - electrical & chemical

For a complete list of videos, visit our video library