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In the IS-LM-PC model,which of the following is assumed to be exogenous?
Electrical Appliances
Devices operated by electricity that are used for household functions such as cooking, cleaning, or personal care.
New Regulations
Recently implemented rules or laws designed to control or govern conduct, usually within a specific activity or industry.
Appliance Producers
companies engaged in the manufacture of electrical or mechanical devices designed for household use.
Crony Capitalism
A type of economic system where business success is heavily influenced by close relationships between business owners and government officials.
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