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Home Q & A Board Other Fields Homework Help Business Economics
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Kwilliams85 Kwilliams85
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6 years ago
Which of the following economic variables is exogenous in the Three-Sector-Model?
 a. Government spending on goods and services.
  b. Real GDP.
  c. GDP price index.
  d. Quantity of the domestic currency per time period.
  e. None of the above.


Question 2 - If the annual inflation rate is higher than 0, which of the following statements is correct?
 a. The specific country is experiencing hyperinflation when viewed over a long period of time.
  b. Real GDP growth must be higher than nominal GDP growth.
  c. Nominal GDP growth must be higher than real GDP growth.
  d. Nominal GDP growth is only higher than real GDP growth if real GDP growth is positive.
  e. Nominal GDP growth must be positive.


Question 3 - Which of the following is an exogenous variable in the Three-Sector-Model?
 a. Expected inflation
  b. Industry risk
 c. Country risk
 d. Real risk-free interest rate
 e. All of the above are exogenous variables.


Question 4 - Which of the following statements about business cycles is correct?
 a. Business cycles are always caused by demand-side effects
  b. Business cycles are always caused by supply-side effects
  c. Business cycles are always initiated by domestic-based shocks
  d. Business cycles are always initiated by foreign-based shocks.
  e. Business cycles can originate in the real, social, financial, and/or political sector.
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xstealthx08xstealthx08
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This calls for a celebration Person Raising Both Hands in Celebration
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Just got PERFECT on my quiz
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