Which of these variables remains exogenous throughout Chapter 3?

A) the interest rate
B) investment
C) price level
D) all of the above


D

Economics

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Starting from long-run equilibrium, an increase in autonomous investment results in ________ output in the short run and ________ output in the long run.

A. lower; potential B. higher; higher C. lower; higher D. higher; potential

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What was very unusual about the 2001 recession, was that consumer spending ________________________.

Fill in the blank(s) with the appropriate word(s).

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Are we passing the national debt burden on to our children?

What will be an ideal response?

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