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Solve it correctly please. I ll rate accordingly. 4. Economists use models because they a. clarify our thinking. b. show how exogenous variables influence endogenous
Solve it correctly please. I ll rate accordingly.
4. Economists use models because they a. clarify our thinking. b. show how exogenous variables influence endogenous variables. c. are fun. d. all of the above 5. Market-clearing models assume that prices are and are best applied to understand the economy in the run. a. flexible, long b. flexible, short c. sticky, long d. sticky, short 6. Microeconomics is a. the study of how macroeconomic data is constructed from individual observations. b. useful for understanding the decisions behind macroeconomic relationships. C. a separate field unrelated to macroeconomics. d. a misspelling of the word macroeconomicsStep by Step Solution
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