In Econometrics, Simultaneity Arises When

question 10

Multiple Choice

In econometrics, simultaneity arises when:

• A)strictly exogenous explanatory variables determine the dependent variable through a step-by-step process.
• B)the error term is correlated with both the dependent variable and explanatory variables.
• C)one or more of the explanatory variables is jointly determined with the dependent variable.
• D)both serial correlation and heteroskedasticity are present in an hypothesized model.

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Definitions:

Increasing Acidity

Increasing acidity refers to the phenomenon where the hydrogen ion (H+) concentration increases, making a solution more acidic.

Conjugate Base

The species formed after an acid donates a proton, characterized by its ability to accept a proton.

Stable

Referring to a chemical compound that does not easily decompose or change into other compounds under normal conditions.

HF

Commonly refers to hydrofluoric acid, a solution of hydrogen fluoride in water that is a highly corrosive acid.