In a model of the saving rate,which of these relationships is most crucial?
A) the effect of the saving rate on government spending
B) the effect of government spending on the saving rate
C) the effect of the saving rate on taxes
D) the effect of taxes on the saving rate
E) the effect of the saving rate on the real wage
Correct Answer:
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Q10: An exogenous variable is typically _.
A)not considered
Q11: An endogenous variable is typically _.
A)taken as
Q12: Macroeconomics is the study of _ while
Q13: Real GDP measures _.
A)the total hours the
Q14: To compare the conclusions of a model
Q16: A(n)_ variable is calculated from within the
Q17: Macroeconomic models particularly focus on the following
Q18: Which of the following sequences best describes
Q19: If a macroeconomist studying the causes of
Q20: An endogenous variable is typically _.
A)strictly explained
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