In the Mundell-Fleming Model,the Exogenous Variables Are

question 44

Multiple Choice

In the Mundell-Fleming model,the exogenous variables are

• A)government spending,taxes,and income.
• B)the exchange rate and the price level.
• C)the price level,the world interest rate,monetary policy,and fiscal policy.
• D)the world interest rate,the price level,and the exchange rate.
• E)none of the above.

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Definitions:

Unconditionally

Without any conditions or limitations; absolutely.

Draft

A preliminary version of a piece of writing or document that is open for discussion, modification, or approval.

Instrument Value

The actual worth or significance of a financial document, like a stock or bond, in transactions.

Maker

The party in a financial transaction who creates or signs a promissory note, thereby agreeing to pay the note's value to a specified party.