What is meant by identification? When is an equation is exactly identified? Simultaneous equation bias? Reduced form equations?

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter4: Graphs
Section4.1: Use The Rectangular Coordinate System
Problem 52E: How do you determine if an ordered pair is a solution to a given equation?
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  1. What is meant by identification? When is an equation is exactly identified?
  2. Simultaneous equation bias?
  3. Reduced form equations?
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