Question: What is the difference between an event that is a shock (truly exogenous) and one that seems like its a shock but most likely isnt

What is the difference between an event that is a shock (truly exogenous) and one that seems like it’s a shock but most likely isn’t (endogenous)?

Step by Step Solution

3.41 Rating (167 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

To understand the difference between a truly exogenous shock and one that seems like a shock but is likely endogenous we need to explore both concepts ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (2 attachments)

PDF file Icon

6092fe73e839c_23273.pdf

180 KBs PDF File

Word file Icon

6092fe73e839c_23273.docx

120 KBs Word File

Students Have Also Explored These Related Sociology Questions!