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What Are Simultaneous Equations? How Can Instrumental Variables Be Used

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What are simultaneous equations? How can instrumental variables be used to control for simultaneous equations? Why? Explain.


Definitions:

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A wireless system that uses microwaves for high‑volume, long‑distance, point‑to‑point communication.

Satellite Transmission

A wireless transmission system that uses satellites for broadcast communications.

Line of Sight

The clear, unobstructed path between a person's eye and an object, or metaphorically, a clear direction or understanding of an objective.

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A widely-used social networking platform that allows users to create profiles, share content, and connect with others.

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