The concepts of exogeneity, strict exogeneity, and predeterminedness
A)are defined in such a way that strict exogeneity implies exogeneity.
B)Can be used interchangeably.
C)Are defined in such a way that exogeneity implies strict exogeneity.
D)Correspond to endogeneity, strict endogeneity, and lagged endogenous variables.

Question

Quizplus · Accepted Answer

Strict exogeneity is a stronger condition than exogeneity, meaning if a variable is strictly exogenous, it is also exogenous. However, the reverse is not necessarily true.

The Concepts of Exogeneity, Strict Exogeneity, and Predeterminedness