In a Simultaneous Equations Model, If Any Variable Is Determined

question 6

Multiple Choice

In a simultaneous equations model, if any variable is determined outside of the model, then it is considered a(n) :​

• A)​endogenous variable.
• B)​random variable.
• C)​exogenous variable.
• D)​error variable.

---

Definitions:

Straw Man Fallacy

A logical fallacy that involves misrepresenting an argument to make it easier to attack.

Appeal to Emotion

A logical fallacy where an argument is made by manipulating the emotions of the audience rather than by using valid reasoning.

Circular Reasoning

A logical fallacy in which the conclusion is assumed in one of the premises.

Playing with Words Fallacy

A form of argument that manipulates the linguistic nuances of words to persuade, often misleadingly.