Exogenous variables are:
A)determined outside the model.
B)determined within the model.
C)the outputs of the model.
D)explained by the model.

Name: Exogenous variables are: A)determined outside the model. B)determined within the model. C)the outputs of the model. D)explained by the model.
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Question

Quizplus · Accepted Answer

Exogenous variables are those whose values are determined outside the model and are not influenced by the model's internal mechanisms.

Exogenous Variables Are