Finn E. Kydland is Professor of Economics, Carnegie-Mellon University, Pittsburgh, penn- sylvania. employment, Hansen overestimates the amount of aggregate fluctuations ac- counted. stronger theory is needed when it comes to evaluating the contribution of monetary. dall wright, "Homework in Macroeconomics:.
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Question: (b) Are These Underestimates Or Overestimates Of I? 1. A.L2 Is An Underestimate. B. L2 Is An Overestimate. 2. A.R2 Is An Underestimate. B.R2 Is An Overestimate.. (Enter your answers as a comma-separated list. Enter your answer using the variables rather than numerical values.)
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