Which of the Following Statements Is True

question 9

Multiple Choice

Which of the following statements is true?

• A)The use of 2SLS is applicable to simultaneous equations model with at most two equations.
• B)Identification of simultaneous equations with three or more equations is based on matrix algebra.
• C)2SLS method used in the estimation of simultaneous equations is an example of a system estimation method.
• D)The maximum number of equations permissible for a simultaneous equations model is four.

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Definitions:

Overlearning

The continued practice or study of material or skills past the point of initial mastery, leading to automaticity and long-term retention.

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The ability to gain skillful control or achieve a high level of competence in a particular area of activity or knowledge.

Full Night's Sleep

The period of sleep considered sufficient for optimal health and function, typically ranging from 7 to 9 hours for adults.

Productive

The ability to produce a significant amount or result, especially in terms of work or creativity.