The first DSGE models were called ________ models and used the ________ to study macroeconomic fluctuations.
A) monetary; quantity theory of money
B) Keynesian; IS/MP model
C) island; Robinson Crusoe model
D) real business cycle; Solow model
E) altruism; overlapping generations model

Question

Quizplus · Accepted Answer

The first DSGE models were called real business cycle models and used the Solow model to study macroeconomic fluctuations.

The First DSGE Models Were Called ________ Models and Used