Which of the followings is NOT true about the word "autonomous" that economists use?
A) Changes in autonomous components are associated with shifts of a curve.
B) The autonomous component of a variable is exogenous.
C) The autonomous component of a variable is independent of other variables in the model.
D) The autonomous component of a variable is induced by other variables in the model.
Correct Answer:
Verified
Q2: One way to derive aggregate demand is
Q3: Everything else held constant,an increase in planned
Q4: Everything else held constant,a decrease in planned
Q5: By looking at aggregate demand via its
Q6: Which of the followings is NOT true
Q8: By analyzing aggregate demand through its component
Q9: Everything else held constant,an increase in net
Q10: Everything else held constant,a decrease in government
Q11: Everything else held constant,an autonomous monetary policy
Q12: Everything else held constant,when financial frictions increase,the
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