What is the purpose of macroeconomic models? How can a model of ice cream production be used

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What is the purpose of macroeconomic models? How can a model of ice cream production be used to explain 50-fold income differences across countries?

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Macroeconomics

ISBN: 978-0393923902

3rd edition

Authors: Charles I. Jones

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Question Posted: Feb 25, 2016 06:24 AM

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What is the purpose of macroeconomic models? How can a model of ice cream production be used

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Macroeconomic models are also toy versions of the real world that hopefully contain the key moving p...View the full answer

Macroeconomics

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