a. For the demand-and-supply model of Example 18.1, obtain the expression for the probability limit of

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a. For the demand-and-supply model of Example 18.1, obtain the expression for the probability limit of α̂1.

b. Under what conditions will this probability limit be equal to the true α1

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Basic Econometrics

ISBN: 978-0073375779

5th edition

Authors: Damodar N. Gujrati, Dawn C. Porter

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