Because people may change how they react when economic policies are changed, comparing macroeconomic models is
A) difficult.
B) impossible.
C) not attempted by legitimate economists.
D) only effective for long-run analysis.

Question

Quizplus · Accepted Answer

People's behavior can be unpredictable and may change based on economic policy changes, making it difficult to compare macroeconomic models. However, this does not make it impossible or not attempted by legitimate economists. Comparing macroeconomic models can still be effective for both short- and long-term analysis, depending on the specific focus of the research.

Because People May Change How They React When Economic Policies