1.Exogenous variables are those variables that a model explains.
MBF Quiz

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Education
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University
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Medium
Thwin Thu Lynn
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5 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
True
False
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
2.As a medium of exchange, money is a way to transfer purchasing power from the present to the future.
True
False
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
3.The nominal exchange rate is the relative price of the currency of two countries.
True
False
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
4.The supply curve shows the relationship between the quantity of pizza supplied and the price of pizza, holding aggregate income constant.
True
False
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
5.The quantity of ice cream demanded depends not only on the price of ice cream, but also on the price of frozen yogurt.
True
False
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