101. The model is deafeningly silent on this question since the only relative price which figures in it is the rate of interest. 102. We shall assume not only that the IS-LM model is the correct model but also that agents know that it is the correct model. 103. Insider-outsider models are a more rigorous articulation of ideas which have been current in one form or another for many years, particularly in British Keynesian circles. 104. The model presented below is a simplified version of that contained in Carlin and Soskice. 105. Model T is a room with the lock inside -- 106. This model is complex, but is just the first step in explaining the development of schizophrenia. 107. Service requirements for both petrol and diesel models are simple and easy thanks to modern engines and careful design. 108. The hatchback model will be much more expensive than a comparable petrol car, a company spokesman admitted. 109. But the biomorph model is still deficient. 110. In terms of government legislation, empirical research has indicated that a consensual model is indeed more applicable. |