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.
ANSWER
C
Place an order in 3 easy steps. Takes less than 5 mins.