# Simultaneous Equation Models-Single Equation Methods of Estimations [NTA-NET (Based on NTA-UGC) Economics (Paper-II)]: 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 |