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Lets assume that educ is endogenous and nearc4 is exogenous to . Is nearc4 a good instrument for educ? Show with a regression that nearc4

Let’s assume that educ is endogenous and nearc4 is exogenous to . Is nearc4 a good instrument for educ? Show with a regression that nearc4 is a good predictor for educ. Explain.

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