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Q. |
A single-equation econometric model of the demand for a product is a ________ equation in which the quantity demanded of the product is an ________ variable |
A. | structural, exogenous |
B. | structural, endogenous |
C. | definitional, exogenous |
D. | definitional, endogenous |
Answer» B. structural, endogenous |
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Quantitative Methods for Economic Analysis 1No comments yet