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Author Question: It is difficult to empirically test alternative macroeconomic models against one another because (Read 106 times)

hbsimmons88

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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
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Marked as best answer by hbsimmons88 on Apr 19, 2019

daiying98

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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.
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hbsimmons88

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Reply #2 on: Apr 19, 2019
Excellent


daiying98

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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