Economics · Econometrics
For an exactly identified equation, the order condition that should be fulfilled is that the equation must:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Exclude two or more endogenous variables
- 2Include only one of the endogenous variables in the mo del
- 3Include one less than the total number of endogenous variables in the model
- 4Exclude one less than the total number of endogenous variables in the model✓
Correct answer
Exclude one less than the total number of endogenous variables in the model
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