What is the meaning of endogenous and exogenous variables?... | Filo
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SOLVED: What is the key endogenous variable in the quantity theory? Explain the effect on this key variable of the following changes:(a) The money supply is doubled.(b) The velocity of money increases by 10%.(c) Real GDP rises by 2%.(d) The money supply increases by 3% while real GDP rises by 3% at the same time.
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