In the schematic theory of economic policy,consumer optimism is considered
A)a policy instrument.
B)an exogenous nonpolicy variable.
C)a structural relation.
D)a target variable.
E)an irrelevant side effect.

Question

Quizplus · Accepted Answer

In the schematic theory of economic policy, consumer optimism is considered an exogenous non-policy variable, meaning it is not directly influenced by government policy but instead influenced by external factors such as social and economic conditions.

In the Schematic Theory of Economic Policy,consumer Optimism Is Considered