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Hereditary component of intelligence

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It is likely that parents' achievements have some predictive power for their children's outcomes, as a result of both a hereditary component of intelligence and the possibility that higher educated parents stimulate their children to do well at school. thus we conside the model y= b1+b2meduci+b3feduci+ui.

Explain what b2=b3 means in economic terms.

Reference no: EM131066642

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