Question: Consider the following simultaneous equations model EXPi = B1+ B2AlDi + B3INC; + BAPOP; + uji AID; = V1 + 12EXP; + 13PS; + uzi

Consider the following simultaneous equations model EXPi = B1+ B2AlDi + B3INC; + BAPOP; + uji AID; = V1 + 12EXP; + 13PS; + uzi where EXP=expenditure; AID=aid; INC=Income; POP=Population; PS=political stability index

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