List the key assumptions behind the RBC model. Are these assumptions realistic? To justify your answer, provide
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List the key assumptions behind the RBC model. Are these assumptions realistic? To justify your answer, provide some real-world examples where these conditions do not hold. Is this an objection to the modelling strategy adopted?
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Related Book For 
Macroeconomics Institutions Instability And The Financial System
ISBN: 9780199655793
1st Edition
Authors: Wendy Carlin, David Soskice
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