According to the order condition, the first equation is
A. Unidentified
B. Just identified
C. Over-identified
D. Not possible to tell whether the equation identified or not because reduced form of the model is not given.
Answer:A
According to the order condition, the first equation is
A. Unidentified B. Just identified C. Over-identified D. Not possible to tell whether the equation identified or not because reduced form of the model is not given.