Exogenous variables in the IS-LM model variables are
A)money supply
B)autonomous consumption
C)government spending
D)prices
E)all of the above

Question

Quizplus · Accepted Answer

Exogenous variables in the IS-LM model include all of the choices listed. These variables are determined outside of the model and are not impacted by the model's relationships between interest rates, income, and output. The model takes these exogenous variables as given and examines how changes in these variables affect the endogenous variables within the model.

Exogenous Variables in the IS-LM Model Variables Are