Exam (elaborations)
ECS2602 ASSIGNMENT 2 SEMESTER 1 2021 POSSIBLE SOLUTIONS
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1. Which of the following are fully exogenous variables in the IS-LM model? 1. Level of output, interest rate, investment, consumption spending. 2. Government spending, taxation, money supply, marginal propensity to consume. 3. Interest rate, demand for money, supply of money. 4. Cons...
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