In the Context of Simultaneous Equations Modelling, Which of the Following

question 11

Multiple Choice

In the context of simultaneous equations modelling, which of the following statements is true concerning an exogenous variable?

• A) The values of exogenous variables are determined within the system
• B) The exogenous variables are assumed to be fixed in repeated samples
• C) Reduced form equations will not contain any exogenous variables on the RHS
• D) Reduced form equations will contain only exogenous variables on the LHS

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Definitions:

Telegraphic Speech

The early speech stage in which a child speaks like a telegram—"go car"—using mostly nouns and verbs.

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Language development involves the process by which children come to understand and communicate language during early childhood.

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Stage in language development involving the production of sounds or syllables repeated by infants before speaking recognizable words.