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 32 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
Excellent

carojassy25

  • Member
  • Posts: 299
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Model Organism Neurospora Model Organism Neurospora
Osteon model labeled Osteon model labeled
A Simple Neural Model of Instrumental Conditioning A Simple Neural Model of Instrumental Conditioning
A typical OBD-II data link connector (DLC). The location varies with make and model and may even be ... A typical OBD-II data link connector (DLC). The location varies with make and model and may even be ...
A Model of Phonological Dyslexia A Model of Phonological Dyslexia
Model of the CFTR protein Model of the CFTR protein
Video: Chemical Synapse Animation

For a complete list of videos, visit our video library