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:

First Amendment

Part of the Bill of Rights in the United States Constitution, it protects freedoms concerning religion, expression, assembly, and the right to petition the government.

Tennessee-Born

A term referring to individuals or entities that originated from Tennessee, a U.S. state known for its significant contributions to music, culture, and politics.

Immediate Causes

The direct events or actions leading to an outcome or effect, occurring just before the effect itself.

Secession

The act of a region or entity declaring independence from a country or state to which it currently belongs, aiming to create a separate sovereign state.