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Prescott's Calibrated RBC Model Was Able to Match the Data

Question 16

Multiple Choice

Prescott's calibrated RBC model was able to match the data in terms of the ________ between many key macroeconomic variables and GNP; that is,in terms of how closely they moved with GNP over the business cycle.


A) correlation
B) interdependence
C) gamma coefficient
D) sigma ratio

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