Which of the following is an endogenous variable in our model of the goods market in Chapter 3?

A) consumption (C)
B) disposable income (YD)
C) saving (S)
D) total income (Y)
E) all of the above

E

Economics

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In the long run,

a. some resources are variable and some resources are fixed. b. all the resources can be varied. c. all resources are fixed. d. at least one resource is fixed. e. there are no explicit costs.

Economics

A ____ is a type of derivative in which the seller promises to pay the buyer of a particular security the value of that security if it goes into default.

A. credit default swap B. derivative C. mortgage-backed security D. futures contract

Economics