An endogenous variable
A)is a variable whose value is determined outside the model.
B)is a variable whose value is determined within the model.
C)is a variable from another country.
D)cannot be proven wrong.

Question

Quizplus · Accepted Answer

An endogenous variable is a variable that is determined within the model. It is affected by other variables within the same model, and it can also have a causal effect on other variables in the model.

An Endogenous Variable