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Author Question: Discuss the difference between exogenous constructs and endogenous ... (Read 158 times)

pragya sharda

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on: Jun 28, 2018
Discuss the difference between exogenous constructs and endogenous constructs.

Question 2

Financial data from different countries tend to be the same due to standardization of accounting and recording practices for economic concepts.
 
 Indicate whether the statement is true or false


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Silverbeard98

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Reply #1 on: Jun 28, 2018
Answer to Question 1

Exogenous constructs are the latent variable equivalent of independent variables. Endogenous constructs are the latent variable equivalent of dependent variables.

Answer to Question 2

F
Although economic terminology may be standardized, various countries use different definitions and accounting and recording practices for many economic concepts.


pragya sharda

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Reply 2 on: Jun 28, 2018
Great answer, keep it coming :)

samiel-sayed

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Reply 3 on: Yesterday
Excellent

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