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5) Choose the statement that best describes how endogenous variables differ from exogenous variables. A) An endogenous variable is explained within the theory, while an exogenous variable influences the endogenous variables but is determined outside the theory. B) An endogenous variable is a flow, while an exogenous variable is a stock, C) An endogenous variable is explained outside the theory and influences an exogenous variable in a way determined by the theory. D) An exogenous variable is a function of the endogenous variable, and both are flow variables. E) An endogenous variable is a function of the exogenous variable, and both are stock variables.
5) Choose the statement that best describes how endogenous variables differ from exogenous variables. A) An endogenous variable is explained within the theory, while an exogenous variable influences the endogenous variables but is determined outside the theory. B) An endogenous variable is a flow, while an exogenous variable is a stock, C) An endogenous variable is explained outside the theory and influences an exogenous variable in a way determined by the theory. D) An exogenous variable is a function of the endogenous variable, and both are flow variables. E) An endogenous variable is a function of the exogenous variable, and both are stock variables.
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