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Macroeconomic Models from the 1950s and 1960s That Consist of Hundreds

Question 50

Multiple Choice

Macroeconomic models from the 1950s and 1960s that consist of hundreds of equations that describe the economy in great detail are called


A) real business-cycle models.
B) large, structural macroeconomic models.
C) VARs.
D) structural VARs.

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