The following equations represent a two-equation model:?
y1 = ?10+?1y2 + z1?1 + u1
y2 = ?20+?2y1 + z2?2 + u2
where, y1and y2 are the:
A. ?endogenous variables.
B. ?structural error terms.
C. ?exogenous variables.
D. ?intercepts.
Answer: A
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Fill in the blank(s) with the appropriate word(s).
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