Which of the following is an exogenous variable in the Three-Sector-Model?
a. Real Domestic GDP
b. GDP price index
c. Quantity of currency per time period
d. Open market operations
e. All of the above are exogenous
.D
You might also like to view...
An example of an automatic stabilizer is:
A. increased unemployment rates cause the government to pay out more in unemployment insurance. B. increased tax revenues due to nominalincome going up during a boom. C. reduced unemployment rates during a boom means more people working, and the government pays less out in food assistance. D. All of these are examples of automatic stabilizers.
Ray's company just announced that everyone will be getting their pay cut by 5% in order to avoid having to close down. Ray's demand for coffee, a normal good, will likely:
A. decrease, and his demand curve will shift to the left. B. increase, and his demand curve will shift to the right. C. increase, and his demand curve will shift to the left. D. decrease, and his demand curve will shift to the right.