A model that is composed of many equations that show the channels through which monetary and fiscal policy affect aggregate output and spending is called a

A) reduced-form model.
B) median-voter model.
C) informed median-voter model.
D) structural model.

D

Economics

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An increase in the capital stock would shift the production function _______ and the long-run aggregate supply curve to the _______.

A. upward; right B. upward; left C. downward; left D. to the right; right

Economics

If American demand for purchases of Mexican goods has increased, how would you expect the equilibrium exchange rate in the market for dollars to respond? Support your answer graphically

What will be an ideal response?

Economics