In an Economic Model

question 56

Multiple Choice

In an economic model,

• A) endogenous variables determine exogenous variables.
• B) exogenous variables determine endogenous variables.
• C) the government budget constraint determines exogenous variables.
• D) fiscal policy determines endogenous variables.
• E) endogenous and exogenous variables are determined simultaneously.

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Definitions:

Sociocultural Influences

Factors stemming from society and culture that affect individual thoughts, behaviors, and emotions.

Gender

Gender refers to the roles, behaviors, activities, expectations, and societal norms constructed by society for individuals based on their sex, rather than the biological aspects of sex characteristics.

Benevolent Sexism

A form of sexism that is disguised as positive or affectionate attitudes towards women, ultimately serving to justify and maintain gender inequality.

Disliked

The feeling of not being favorable or agreeable to someone or something.