In an economic model,government spending is assumed to be

Name: In an economic model,government spending is assumed to be
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In an economic model, government spending is typically considered an exogenous variable, meaning it is set outside the model and not determined by the interactions between agents or variables within the model. This is because government spending decisions are typically made by policymakers and are not influenced solely by economic factors.

In an Economic Model,government Spending Is Assumed to Be