Multiple Choice
An equation in the simultaneous equations model satisfies the order condition for identification if:
A) the number of excluded endogenous variables from the equation is at most as large as the number of right-hand side exogenous variables.
B) the number of excluded endogenous variables from the equation is at least as large as the number of right-hand side exogenous variables.
C) the number of excluded exogenous variables from the equation is at most as large as the number of right-hand side endogenous variables.
D) the number of excluded exogenous variables from the equation is at least as large as the number of right-hand side endogenous variables.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: The instrumental variables in the two stage
Q2: The rank condition for identification of a
Q3: The order condition is a necessary and
Q4: The number of overidentifying restrictions equals the
Q6: In a simultaneous equations model, if any
Q7: The following equations represent a simultaneous equations
Q8: Which of the following correctly identifies a
Q9: Which of the following statements is true?<br>A)The
Q10: In econometrics, simultaneity arises when:<br>A)strictly exogenous explanatory
Q11: The following simultaneous equations describe the demand