In the IS equation, which of the following is an exogenous variable?

A) planned investment spending
B) real interest rate
C) consumption
D) all of the above
E) none of the above

B

Economics

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The deficit is financed through new taxes

a. True b. False

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If the exchange rate between the U.S. dollar and the Euro were 1.50 ($1.50 = one Euro), what would be the price in dollars of a German automobile that cost 40,000 Euros?

a. $10,000 b. $20,000 c. $60,000 d. $200,000

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