The benchmark macroeconomic model, though not junk, suffers from some obvious flaws, such as the assumption of complete markets or frictionless finance.

尽管宏观经济基准模型并非垃圾，但受制于某些明显的缺陷，如完全市场假设或无缺陷金融等。

youdao

Given the precarious nature of GE Capital's funding structure, GE should have been alert to the risk of a complete dislocation in financial markets.

考虑到GE金融这种脆弱的拨款体系结构，GE本应该对其在金融市场的彻底转位的风险感到警惕。

youdao

He explains: "Now that the expansion phase is complete in the core markets, we can focus on an initiative to improve the look and feel of the websites."

他解释道：“既然核心市场的扩张阶段已经完成，我们应该把重心转移到提高网站外观和用户感受这一初衷上。”

youdao

Much of modern macroeconomics has been about how, and whether, his ideas fit into the formal microeconomic building blocks of rational behaviour and complete markets.

ECONOMIST: John Maynard Keynes

The company provides a complete selection for all markets of carpet, ceramic tile, laminate, wood, stone, vinyl and rugs.

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And you could have had a complete collapse of the financial markets.

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