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All questions refer to the macroeconomic model we developed in the slides.Please

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All questions refer to the macroeconomic model we developed in the slides.Please write your12 opinions/explanation about the followingquestions1“All modes are false. but some are usefulExplain your understanding of this sentence2.What can the current one-period macroeconomic model explainand what can not?Write down your opinions (Hint you can thinkfrom assumptions of the model).Notice your posts here will be counted in the final grade.You will see your classmates opinions after posting yours in the forum.Responses to your peersopinions are strongh encouraged.Share your ideas here

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