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Title: Economic model building begins with the construction of greatly oversimplified ... Post by: bedau on Jul 26, 2017 Economic model building begins with the construction of greatly oversimplified "benchmark" models, which are brought closer to reality by gradually removing the simplifying assumptions. In this process, more and more ________ variables become ________.
A) short-run, long-run B) exogenous, endogenous C) long-run, short-run D) endogenous, exogenous E) nominal, real Title: Re: Economic model building begins with the construction of greatly oversimplified ... Post by: supersuineg on Jul 26, 2017 Content hidden
Title: Re: Economic model building begins with the construction of greatly oversimplified ... Post by: bedau on Jul 27, 2018 Answer is 100% right, tysm
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