Author Question: All of the macroeconometric models currently in use A) originate in the United States. B) ... (Read 43 times)

ARLKQ · **on:** Jun 30, 2018

All of the macroeconometric models currently in use

A) originate in the United States.
B) incorporate rational expectations into their predictions.
C) originate with government or international agencies.
D) originate with commercial firms who sell their forecasts to other firms and governments.
E) none of the above

Question 2

Assume that an economy experiences both positive population growth and technological progress. Once the economy has achieved balanced growth, we know that the capital stock is

A) constant.
B) growing at a rate of gA.
C) growing at a rate of gN.
D) growing at a rate of gA + gN.
E) none of the above