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Macroeconomics Theories

I

imported_glacier

Junior Member
There are several macroeconomic theories that are covered in most of the college macroeconomics textbooks. Of all these theories (such as the classical, keynesian, rational expectations and real-business-cycle etc), which is the best or most accurate in describing a modern day economy?

As a layman, I'm keen to have a better understanding. Yet, I am a bit confused by these models/theories.

Can someone enlighten me, please?
 
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