Endogenous growth theory rejects the assumption of exogenous
a. production functions.
b. knowledge.
c. technology.
d. both b and c.
d. all of the above.
Question 2
An exogenous increase in the country's trade balance shifts the
a. IS schedule to the left.
b. IS schedule to the right.
c. LM schedule to the left.
d. LM schedule to the right.
