What is five-step process for developing macroeconomic model


Problem

1. What macroeconomic conditions, issues, and events can shape your future?

2. What is the distinction between endogenous variables and exogenous variables in economic models?

3. What is the five-step process for developing macroeconomic models?

4. What three macroeconomic data series are of particular interest to macroeconomists? Why?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: What is five-step process for developing macroeconomic model
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