When a variable is determined by a factor inside of the function or model being evaluated, it is said to be
A) endogenous.
B) exogenous.
C) unexplained.
D) statistically insignificant.
A
Economics
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The _______ tells us how many additional dollars of deposits are created with each additional dollar of reserves.
A. reserve ratio, calculated as 1 divided by the money multiplier, B. money multiplier, calculated as 1 divided by the reserve ratio, C. reserve ratio, calculated as 1 minus the money multiplier, D. money multiplier, calculated as 1 minus the reserve ratio,
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Describe the profit-maximizing firm's decision about how much to spend on innovation
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