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ice5192 ice5192
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6 years ago
In an economic model, an exogenous variable is
A) a stand-in for more complicated variables.
B) determined by the model itself.
C) determined outside the model.
D) a variable that has no effect on the workings of the model.
E) closely linked to a closed economy.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
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karmarkarmar
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6 years ago
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ice5192 Author
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6 years ago
Helped a lot
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Just got PERFECT on my quiz
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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