Solution: A reduced form equation expresses an exogenous variable as a function of endogenous variables. an endogenous variable as a function of exogenous


Question: A reduced form equation expresses

  1. an exogenous variable as a function of endogenous variables.
  2. an endogenous variable as a function of exogenous variables.
  3. an exogenous variable as a function of both endogenous and exogenous variables.
  4. an endogenous variable as a function of both exogenous and endogenous variables.

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Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document

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