Author Question: Exogenous variables in the IS-LM model variables are a. money supply b. autonomous consumption ... (Read 88 times)

maegan_martin · **on:** Jun 30, 2018

Exogenous variables in the IS-LM model variables are

a. money supply
b. autonomous consumption
c. government spending
d. prices
e. all of the aboveFigure 7-4

Question 2

Consumption patterns in the U.S. between 1790 and 1860 indicate a growing preference for

(a) basic necessities.
(b) high quality clothes and homes.
(c) simple, standardized and mass-produced goods.
(d) luxury items.