An endogenous variable is typically ________.
A)taken as given
B)strictly explained outside the model
C)strictly explained inside the model
D)strictly explained by data
E)strictly explained by graphical analysis

Question

Quizplus · Accepted Answer

Endogenous variables are those variables that are strictly explained inside the model, as they are dependent variables that are influenced by other variables within the model.

An Endogenous Variable Is Typically ________