The quantity theory of money is an example of a reduced form model.
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Q12: The wealth effect of monetary policy focuses
Q13: EMP can affect output through an increase
Q14: Historical evidence shows that changes in the
Q15: Arguments based on structural models are less
Q16: Reduced form models do a better job
Q18: Economists turn to history for natural experiments.
Q19: Early Keynesians found little evidence that monetary
Q20: "There are more police in high crime
Q21: Timing and historical evidence give conflicting evidence
Q22: Real-business-cycle theorists have argued that changes in
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