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QUESTION 7 In the equation S-Y -T). , which of the following is an endogenous variable? o all of the above o none of the abov
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Answer #1

Ans: none of the above

Reason: Endogenous variable is one which is determined within the model. As we can see, Y, G or r are clearly exogenous in nature and are used to determine S in the model, therefore here S is an endogenous variable.

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