Sciences other than economics also use models to explain the behavior of endogenous variables based on assumptions
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Sciences other than economics also use models to explain the behavior of endogenous variables based on assumptions about the environment and changes in exogenous variables. Suppose you have to design a model that links childhood obesity and diabetes.
a) Which one would be the exogenous variable? Which one would be the endogenous variable?
b) Can you think of other exogenous variables?
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a In a model linking childhood obesity and diabetes Exogenous variable An exogenous variable is one ...View the full answer
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