Simultaneous Equation ModelsSingle Equation Methods of Estimations (NTANET (Based on NTAUGC) Economics (PaperII)): Questions 1  1 of 1
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Question number: 1
» Simultaneous Equation Models » Single Equation Methods of Estimations » Indirect Least Squares and Least Variance Ratio
Appeared in Year: 2017
MCQ▾
Question
Indirect least squares method of estimation is applied to equations of a simultaneous equation system. The estimates obtained will be
Choices
Choice (4)  Response  

a.  Unbiased and inconsistent 

b.  Biased and consistent 

c.  Biased and inconsistent 

d.  Unbiased and consistent 
