if the model has more than one equation, the model is called
A)single equation model
B)multiple equation model
C)variable equation model
D)none of the above

Question

Quizplus · Accepted Answer

When a model consists of more than one equation, it is referred to as a multiple equation model. This is because it involves multiple relationships between variables that are represented through several equations.

If the Model Has More Than One Equation, the Model