Which of the Following Is an Exogenous Variable in the Model

question 37

Multiple Choice

Which of the following is an exogenous variable in the model of a small open economy,but an endogenous variable in the model of a large open economy?

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Definitions:

Reserve Requirement

The minimum amount of funds that a bank must hold in reserve against deposits, as mandated by central banking authorities.

Availability Of Credit

Refers to the ease with which individuals or businesses can obtain loans or other lines of credit from financial institutions or lenders.

Total Value

The complete worth of a product, asset, or service, taking into account all components of its economic value.

Fiscal Policy

Government policies related to revenue generation (taxation) and expenditure to influence the economy.