1. 7 System is the endogenous variable in the economic growth.

2. The endogenous variable is the price that emerges and who buys and who sells.

3. 25 Usually, the decisive factor arises to the economic growth in the endogenous variable, but, under the terms of certain, the leading economic growth in exogenous variable.

4. 23 Usually, the decisive factor arises to the economic growth in the endogenous variable, but, under the terms of certain,(www.Sentencedict.com) the leading economic growth in exogenous variable.

5. 26 At last, the thesis proceeds from psychology of investor's investment decision and sets up the conversion ratio model, and then concludes that the conversion ratio is endogenous variable.