If We Seek to Explain the Number of Seats Sold

question 69

Multiple Choice

If we seek to explain the number of seats sold on a particular air route,say Toronto to Halifax,over a one-year period,we would consider many variables.Which of the following variables would be endogenous to our theory?

• A)the average salary of Canadian airline pilots
• B)the number of airline seats sold on this route
• C)the price of jet fuel
• D)the number of fog days in Halifax
• E)the unemployment rate in Toronto

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Definitions:

Aphasia

A disorder resulting from damage to parts of the brain that are responsible for language, leading to difficulties in speaking, reading, writing, or understanding language.

Cognitive Development

The process of growth and change in intellectual capabilities, including thinking, reasoning, problem-solving, and understanding complex concepts.

Piaget

Refers to Jean Piaget, a Swiss developmental psychologist best known for his theory of cognitive development in children.

Sensorimotor Stage

The first of the four stages in Piaget's theory of cognitive development, occurring from birth to about two years old, where infants learn about the world through their senses and motor activities.