| 单词 | computable general equilibrium model |
| 释义 | computable general equilibrium model A model of the economy so specified that all equations in it can be solved numerically, by use of a computer. How complex such a model can be depends on the computing power available: this is continually increasing. Computable general equilibrium models can be used to analyse the economy-wide effects of changes in particular parameters or equations: the effects of changes in the budget deficit, or of changes in international trade policies, for example, can be modelled in this way. |
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