Which of the following is an exogenous variable in the Three-Sector-Model?

a. Oil prices
b. GDP price index
c. Real risk-free interest rate
d. Quantity of currency per time period
e. Real GDP

.A

Economics

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Assuming all else equal, if an airline company decides to purchase new planes, it is likely to cause:

A) a downward movement along its credit demand curve. B) its credit demand curve to shift to the right. C) an upward movement along its credit demand curve. D) its credit demand curve to shift to the left.

Economics

If the reserve ratio is 4 percent, the money multiplier is equal to 25

Indicate whether the statement is true or false

Economics