Author Question: Which of the following is an exogenous variable in the Three-Sector-Model? a. Oil prices b. Real ... (Read 56 times)

a0266361136 · **on:** Jun 30, 2018

Which of the following is an exogenous variable in the Three-Sector-Model?
a. Oil prices
b. Real GDP
c. Quantity of real credit per time period
d. Quantity of currency per time period
e. All of the above are exogenous variables.

Question 2

Retired individuals:
a. Are always harmed by inflation.
b. Are almost always helped by inflation.
c. Are helped by inflation when it is unexpected.
d. Are harmed by inflation when it is expected.
e. Could be helped by inflation if their spending patterns are not like the average consumer.