Explain the distinction between exogenous variables and endogenous variables. Explain the distinction, if any, between a parameter
Question:
(a) Autonomous taxes
(b) Consumption
(c) Marginal propensity to consume
(d) Exports
(e) Net exports
(f) GDP
(g) Price level
(h) Interest rate
(i) Investment
(j) Tax revenue
(k) Disposable income
(l) Saving
(m) Foreign trade surplus (deficit)
(n) Government budget surplus (deficit)
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