Which of these is true about Lawrence Klein?
He was a physicist
He was a biologist
He was a computer scientist
He was an economist
Answer
Lawrence Klein was an economist who made significant contributions to the field of macroeconomics. He is best known for his development of econometric models, which are mathematical models that are used to analyze economic data. Klein's models have been used to study a variety of economic issues, including inflation, unemployment, and economic growth.
Mastering Macro: The Legacy of Lawrence Klein
More Questions
At which department of the University of Pennsylvania did Klein work?
What profession did Martin Feldstein, who spoke about Klein's contribution to economics, hold?
What was the specific field in which Klein created computer models?
What was the application of Klein’s econometric models?
In whose memory is the Nobel Prize that Klein won named?
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