Which of the following is an exogenous variable in the Three-Sector-Model?
a. Expected inflation
b. Industry risk
c. Country risk
d. Real risk-free interest rate
e. All of the above are exogenous variables.
.C
Economics
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Which of the following statements about positive economic analysis is true?
A) There is much less disagreement among economists over normative economic analysis than over positive economic analysis. B) Positive analysis uses an economic model to estimate the costs and benefits of different course of actions. C) Unlike positive economic analysis, normative economic analysis can be tested. D) There is much more disagreement among economists over positive economic analysis than over normative economic analysis.
Economics
When is the profit a firm earns equal to the producer surplus? Explain
What will be an ideal response?
Economics