Exogenous changes in spending refer to changes in planned spending:
A)caused by changes in output.
B)caused by changes in the inflation rate.
C)caused by changes in the real interest rate.
D)not caused by changes in output or changes in the inflation rate.

Question

Quizplus · Accepted Answer

Exogenous shifters of the aggregate demand curve are forces other than output or the inflation rate (e.g., changes in consumer confidence or wealth).

Exogenous Changes in Spending Refer to Changes in Planned Spending