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What change would you need to make to the supply and demand model to be able to recover all of the structural parameters? This is
What change would you need to make to the supply and demand model to be able to recover all of the structural parameters? This is not nearly as complicated as you think. It is simply the application of identification logic from basic algebra that you learned a long time ago. In other words, think about the number of unknowns compared to the number of equations in the system
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