This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is an exogenous variable in our model of the goods market in Chapter 3? A) ... (Read 95 times)

Starlight

  • Hero Member
  • *****
  • Posts: 567
on: Jun 30, 2018
Which of the following is an exogenous variable in our model of the goods market in Chapter 3?
 
  A) consumption (C)
  B) saving (S)
  C) disposable income (YD)
  D) government spending (G)
  E) none of the above

Question 2

Which of the following is true for a closed economy?
 
  A) government spending equals taxes
  B) there are no imports or exports
  C) exports equal imports
  D) there is no saving
  E) there is no government spending or taxes


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

josephsuarez

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


Starlight

  • Member
  • Posts: 567
Reply 2 on: Jun 30, 2018
:D TYSM

nanny

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Watson and Crick and their model of the DNA double helix Watson and Crick and their model of the DNA double helix
Eye Model Eye Model
A model for priority setting A model for priority setting
Variable Gases of the Atmosphere Variable Gases of the Atmosphere
Schematic of a mitochondrion and Computer model generated from electron tomograms of a mitochondrion Schematic of a mitochondrion and Computer model generated from electron tomograms of a mitochondrion
Conceptual model of sleep health Conceptual model of sleep health
Video: DNA fingerprinting Animation

For a complete list of videos, visit our video library