Given the relationship between the two variables, the following is most likely to be exogenous:
A)the inflation rate and the short term interest rate: short-term interest rate is exogenous
B)U.S. rate of inflation and increases in oil prices: oil prices are exgoneous
C)Australian exports and U.S. aggregate income: U.S. aggregate income is exogenous
D)change in inflation, lagged changes of inflation, and lags of unemployment: lags of unemployment are exogenous

Question

Quizplus · Accepted Answer

The Answer of Given the relationship between the two variables, the following is most likely to be exogenous:
A)the inflation rate and the short term interest rate: short-term interest rate is exogenous
B)U.S. rate of inflation and increases in oil prices: oil prices are exgoneous
C)Australian exports and U.S. aggregate income: U.S. aggregate income is exogenous
D)change in inflation, lagged changes of inflation, and lags of unemployment: lags of unemployment are exogenous

Given the Relationship Between the Two Variables, the Following Is