A(n) variable is calculated from within the model. A(n) _ endogenous; endogenous O endogenous; exogenous exogenous; endogenous exogenous; exogenous none of the above 000 variable can never be taken as given.
A(n) variable is calculated from within the model. A(n) _ endogenous; endogenous O endogenous; exogenous exogenous; endogenous exogenous; exogenous none of the above 000 variable can never be taken as given.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:A(n)
variable is calculated from within the model. A(n).
endogenous; endogenous
endogenous; exogenous
exogenous; endogenous
exogenous; exogenous
none of the above
variable can never be taken as given.
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The endogenous variable is the dependent variable while exogenous variables are independent variables.
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