Short Answer
The rule-of-thumb for checking for weak instruments is as follows: for the case of a single endogenous regressor, a. a first stage must be statistically significant to indicate a strong instrument.
b. a first stage indicates that the instruments are weak.
c. the -statistic on each of the instruments must exceed at least 1.64.
d. a first stage indicates that the instruments are weak.
Correct Answer:

Verified
Correct Answer:
Verified
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