Explain DSGE Model with equation:
How would you define short-run fluctuation or
‘detrended output’. Provide the formula.
What are the three premises the short run model is
based on? Explain.
please answer all 3 questions.
please
Explain DSGE Model with equation:
How would you define short-run fluctuation or
‘detrended output’. Provide the formula.
What are the three premises the short run model is
based on? Explain.
please answer all 3 questions.
please
Explain the differences between the regression model, the
regression equation, and the estimated-regression equation. Discuss
the application of regression analysis in business decision making.
Give examples on how the regression analysis can be used in
business.
Regarding the classical, Keynesian, monetarist, and new
classical (DSGE) theories, explain the historical context in which
each was developed and rose to prominence within economics. Discuss
the key assumptions of each theory and explain the resulting policy
implications.
Use the 3-equation model with a banking sector to explain the
adjustment process for the case where there is an investment boom
in the economy. Include a graphical illustration in your
answer.
In this model, can banks influence the level of aggregate demand
in the economy? Explain.