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Author Question: Which of the following are endogenous variables within the classical model? a. output b. ... (Read 21 times)

joesmith1212

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Which of the following are endogenous variables within the classical model?
 
  a. output
  b. technology
  c. quantity of money
  d. level of capital
  e. a, b, and d

Question 2

If Md = 1,000  400r and Ms = 2,000, the MPC = .85, G=100, and T = 120, then the equilibrium interest rate is
 
  a. 2.5
  b. 5
  c. 10
  d. 20
  e. not enough information was given.



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shayla

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Answer to Question 1

A

Answer to Question 2

A




joesmith1212

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


adf223

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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