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Annmarie Annmarie
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7 years ago
Which of the following is an exogenous variable in the Three-Sector-Model?
 a. Real GDP
  b. GDP price index
  c. Required reserve ratio
  d. Quantity of real credit per time period
  e. Quantity of currency per time period



Question 2 - Under what circumstances does inflation cause no harm to either lenders or borrowers?
 a. When inflation equals 0.
  b. When inflation equals the historic mean.
  c. When inflation equals the inflation of the year before.
  d. When there is deflation.
  e. When the actual inflation rate equals the expected inflation rate.



Question 3 - Which of the following is an exogenous variable in the Three-Sector-Model?
 a. Real risk-free interest rate
  b. Required reserve ratio
  c. Quantity of real credit per time period
  d. Quantity of currency per time period
  e. All of the above are exogenous.
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Replies
wrote...
7 years ago
[ 1 ]  .C

[ 2 ]  .E

[ 3 ]  .B
Annmarie Author
wrote...
7 years ago
Excellent response
wrote...
7 years ago
Thank you
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