Describe the General Procedures Followed by DSGE Researchers Creating a New

question 33

Essay

Describe the general procedures followed by DSGE researchers creating a new model.

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Definitions:

Retinal Images

Images formed on the retina of the eye as the result of the refraction of light by the cornea and lens.

Relative Size

A perceptual cue that allows the determination of depth and distance by comparing the size of objects with known sizes.

Retinal Disparity

The slight difference in the visual images that each eye perceives because of the different angles in which each eye views the world.

Accommodation

Accommodation in psychology refers to the cognitive process of revising existing cognitive schemas, perceptions, and understanding so that new information can be incorporated.