@ Eric : I changed the equations as u told it shld be written... I checked my
manual solution too, the function is coming to be zero. 
There is one more thing..in this case, since i have worked out manual
solution,so i know the guesstimates for my all 8 endogenous variables so i
put those as argument in the function fsolve..but if i put some other values
which are not close to the solutions then it is showing error....



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