Question: The following equations represent a simultaneous equations model: K=a,K,+ B,z,+e, K=a,K,+ ,z,+e, The reduced form error from the reduced form equation for K, will

The following equations represent a simultaneous equations model: K=a,K, + B,zite, K=a_K,+ B.22+e, The reduced form error fro

The following equations represent a simultaneous equations model: K=a,K,+ B,z,+e, K=a,K,+ ,z,+e, The reduced form error from the reduced form equation for K, will be a a. linear function of e, and e, and uncorrelated with z, and z. b. linear function of e, and e, and correlated with z, and z,. c. quadratic function of e, and e, and correlated with z, and z,. d. quadratic function of e, and e, and uncorrelated with z, and z,.

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