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 86 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
YES! Correct, THANKS for helping me on my review

xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Noll's DNase-I digestion experiment, which verified the beads-on-a-string model of DNA compacti Noll's DNase-I digestion experiment, which verified the beads-on-a-string model of DNA compacti
An example of a homeostatically controlled variable: blood levels of glucose in a human. An example of a homeostatically controlled variable: blood levels of glucose in a human.
Model of a Neutron Star’s Interior Model of a Neutron Star’s Interior
Model of a purple bacterial reaction center complex Model of a purple bacterial reaction center complex
The sliding filament model of muscle contraction The sliding filament model of muscle contraction
Model of the lactose operon repressor Model of the lactose operon repressor
Video: Acid-base imbalances - respiratory acidosis and alkalosis

For a complete list of videos, visit our video library