Which of the Following Is Not an Endogenous Variable in the IS-LM

question 74

Multiple Choice

Which of the following is not an endogenous variable in the IS-LM model?

• A) interest rate
• B) price level
• C) output
• D) none of the above

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Definitions:

Reward Strategy

A plan designed by an organization to recognize and provide incentives to employees for their work and achievements through financial and non-financial means.

Compensation Strategy

A plan or approach for determining how employees will be rewarded for their work, including salaries, bonuses, and benefits.

Direct Pay

Compensation paid directly to employees for their work, including salaries, wages, and bonuses, not including indirect benefits like health insurance.

Indirect Pay

Refers to benefits or perks received by employees that are not part of their direct monetary compensation, such as health insurance, retirement plans, or paid time off.