Consider the following system of equations and assume betas and gammas are parameters, and all other series are random variables. What is the identification for the Y equation? Select the most appropriate answer. S Y; = Bo + u; X1i = 70 + 1Y; +2Z1,i + 73W2; + v; O A. Under identified B. Exactly identified

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Consider the following system of equations and assume betas and gammas are parameters, and all other series are random variables.
What is the identification for the Y equation?
Select the most appropriate answer.
S Y; = Bo + u;
X1i = Y0 + Y1Y;+ 2Z1,i+ 73W2,i + vị
A. Under identified
B. Exactly identified
C. Over identified.
D. Identification can not be determined.
Transcribed Image Text:Consider the following system of equations and assume betas and gammas are parameters, and all other series are random variables. What is the identification for the Y equation? Select the most appropriate answer. S Y; = Bo + u; X1i = Y0 + Y1Y;+ 2Z1,i+ 73W2,i + vị A. Under identified B. Exactly identified C. Over identified. D. Identification can not be determined.
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