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Question 12 Revisit Later Select an option Suppose you are going to work on the following equations: According to the order condition, it is not identified Y 2 1 = B . + B , Y 1 1 + B z X11 + BgX 21 + BAX31+ 121 YotriYut H31 According to the order condition, it is just identified I am skipping the notations and parameters. It is standard! Y and X are endogenous and exogenous variables in the above equations, respectively. The residual terms are uncorrelated. What do you think about the order condition of the above model? Which of the following options is appropriately linked According to the order condition, it is over-identified to the Equation (3)? There is insufficient information given in the question to determine whether the equation is identified or not. Chat Nov