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________ Are Parameters to the Model and Generally Are Fixed

Question 3

Multiple Choice

________ are parameters to the model and generally are fixed over time, while ________ are the outcomes of the model.


A) Shocks; parameters
B) Endogenous variables; exogenous variables
C) Endogenous variables; shocks
D) Exogenous variables; endogenous variables
E) Parameters; system variables

Correct Answer:

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