Question: Obtain the reduced form for the model in Exercise 8 under each of the assumptions made in parts a and in parts b1 and b9.

Obtain the reduced form for the model in Exercise 8 under each of the assumptions made in parts a and in parts b1 and b9.

Y = Y1 Y2 + Bi1X1+ B21X2 + B31 X3 + 1,

Y = Y1 Y2 + Bi1X1+ B21X2 + B31 X3 + 1, y2 = Y2y + B12.X1 + B22x2 + B32X3 + 82.

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