All of the following are exogenous variables in "A Big, Comprehensive Model" in the appendix to Chapter 14 except the:
A)world interest rate.
B)labour force.
C)world real interest rate.
D)price level.

Question

Quizplus · Accepted Answer

The price level is typically considered an endogenous variable within economic models, as it is determined by the interactions within the model rather than being imposed from outside.

All of the Following Are Exogenous Variables in "A Big