A variable that is determined within a model is called
A)a dynamic variable.
B)a static variable.
C)an endogenous variable.
D)an exogenous variable.

Question

Quizplus · Accepted Answer

An endogenous variable is a variable that is determined within a model, as opposed to an exogenous variable, which is determined outside of the model. A dynamic variable refers to a variable that changes over time, while a static variable refers to a variable that does not change over time. Therefore, option C is the best choice for this question.

A Variable That Is Determined Within a Model Is Called