Which of the following is an exogenous variable in the Three-Sector-Model?

a. Open market operations
b. Real Domestic GDP
c. GDP price index
d. Real risk-free interest rate
e. Quantity of real credit per time period


.A

Economics

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The above figure shows the U.S. market for 1 carat diamonds. Area C is the

A) decrease in consumer surplus due to the import quota. B) importers' profit from the quota. C) deadweight loss from the import quota. D) increase in producer surplus due to the import quota. E) gain in total surplus due to the import quota.

Economics

Tax laws affect

A) economic efficiency but not equity. B) consumption and production, not efficiency and equity. C) both efficiency and equity. D) equity but not economic efficiency.

Economics

The movement of the vertical _____ curve to the _____ reflects the increase in potential output on account of the development of new technologies, and increase in the quantity and quality of resources

a. long-run aggregate supply; right b. short-run aggregate supply; right c. short-run aggregate demand; left d. long-run aggregate demand curve; left e. long-run aggregate supply; left

Economics

Financial systems in market economies improve the allocation of saving in each of the following ways EXCEPT by:

A. evaluating the potential productivity of alternative capital investments. B. helping savers to share the risk of individual investment projects. C. allowing potential favoritism to determine which projects are funded. D. providing information about which potential use of funds will be most productive.

Economics