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In a certain macroeconomic model, if the variable, government expenditure, is a given fixed number G with bar on top, then government expenditure is: an
In a certain macroeconomic model, if the variable, government expenditure, is a given fixed number G with bar on top, then government expenditure is: an exogenous variable. B. an endogenous variable C. a random variable. D. none of the above The statistic/variable that measures or indicates the total quantity of output in the economy is: A. nominal GDP. B. GDP deflator. C. real GDP. D. none of the above
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