The Definition of an Exogenous Variable Is

question 21

Multiple Choice

The definition of an exogenous variable is:

• A)a variable whose value is determined within the model under study.
• B)a variable whose value is determined outside the model under study.
• C)a variable whose value is determined through constrained optimization.
• D)a variable whose value is determined through comparative statics.

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Definitions:

Proxies

Agents authorized to act on behalf of others, particularly in voting at shareholder meetings.

SEC

The Securities and Exchange Commission, a U.S. federal agency responsible for regulating the securities industry and enforcing federal securities laws.

Fraud in Securities Transactions

Illegal activities involving deceit or concealment in the buying, selling, or trading of securities, aimed at gaining a financial advantage.

SEC Regulations

Rules and standards developed and enforced by the U.S. Securities and Exchange Commission to regulate the securities industry.