Multiple Choice
As used in this text,"autonomous" variables are
A) spontaneous variables that are completely unpredictable.
B) completely independent of income,although they can be explained by movements in other variables.
C) determined only by income levels.
D) the same as endogenous variables.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q33: If the MPS is 0.1 and the
Q34: In the consumption function C = a
Q35: Income on the horizontal axis at which
Q36: Assume that all taxes are lump-sum,net exports
Q37: On a diagram of the planned expenditure
Q39: The inauguration of a new President often
Q40: In the simplest Keynesian model of the
Q41: A variable which is independent of the
Q42: The rate-of-return line _ when the interest
Q43: The IS curve shows that higher income