This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is an exogenous variable in our model of the goods market in Chapter 3? A) ... (Read 92 times)

Starlight

  • Hero Member
  • *****
  • Posts: 567
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
Answer to Question 1

D

Answer to Question 2

B




Starlight

  • Member
  • Posts: 567
Reply 2 on: Jun 30, 2018
Gracias!


hramirez205

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Excellent

 

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

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?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

For a complete list of videos, visit our video library