It Is Difficult to Empirically Test Alternative Macroeconomic Models Against

question 294

Multiple Choice

It is difficult to empirically test alternative macroeconomic models against one another because

• A) macroeconomic models do not predict the same outcomes from policies.
• B) macroeconomic models differ in ways that are hard to standardize for.
• C) macroeconomic models cannot be expressed in mathematical terms.
• D) macroeconomic models are always expressed in scientific terms.

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