In the case of exact identification
A)you can use the J-statistic in a test of overidentifying restrictions.
B)you cannot use TSLS for estimation purposes.
C)you must rely on your personal knowledge of the empirical problem at hand to assess whether the instruments are exogenous.
D)OLS and TSLS yield the same estimate.

Question

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The Answer of In the case of exact identification
A)you can use the J-statistic in a test of overidentifying restrictions.
B)you cannot use TSLS for estimation purposes.
C)you must rely on your personal knowledge of the empirical problem at hand to assess whether the instruments are exogenous.
D)OLS and TSLS yield the same estimate.

In the Case of Exact Identification