An exogenous variable is typically ________
A) calculated by the model
B) only used to conduct policy analysis
C) explained inside the model
D) disregarded in economic models
E) none of the above
E
Economics
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In the circular flow of economic activity
A) aggregate expenditure measures the dollar value of purchases of factors. B) aggregate expenditure measures the dollar value of purchases of final goods and services. C) aggregate income measures the dollar value of labor resources only. D) aggregate expenditure is measured as it moves through the financial markets.
Economics
Credit cards are money because they serve the three functions of money
a. True b. False Indicate whether the statement is true or false
Economics