Question 16 In a simultaneous equations model (SEM), a reduced-form equation is a regression model in which the dependent variable is an endogenous variable in the SEM and the regressors generally include Not yet answered Marked out of 0.90 O a. None of the listed answers is correct. P Flag question O b. only one of the exogenous variables in the SEM. O c. all the exogenous variables in the SEM. O d. all the endogenous variables in the SEM. O e. only one of the endogenous variables (other than the dependent variable) in the SEM