Question: In a model with three endogenous variables, three exogenous variables and two equations, it is impossible to: determine the values of the endogenous variables. B.

In a model with three endogenous variables, three exogenous variables and two equations, it is impossible to: determine the values of the endogenous variables. B. determine the values of the exogenous variables. C. determine the values of only some of the exogenous variables. D. none of the above. Which of the following situations would justify the assumption that prices are endogenous in a model? Short run. B. Prices are rigid. C. Prices are variable/flexible. D. none of the above. If there are changes in the values of the exogenous variables in a model. we

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