If a Macroeconomist Studying the Causes of Unemployment Suspects That

Multiple Choice

If a macroeconomist studying the causes of unemployment suspects that changes in technology might play a role,then this macroeconomist is at which step in the process of developing an economic model?

A) Identify the exogenous variables.
B) Identify the endogenous variables.
C) Compare the model with the data.
D) Conduct prediction and policy analysis.
E) Develop a model.