-A Simple Regression Is Run with the Log of Annual

Multiple Choice

-A simple regression is run with the log of annual income in dollars as the dependent variable and the number of years of education as the independent variable .The coefficient of education will provide the following information:

A) The percent change in income predicted for a one percent increase in education.
B) The percent change in income predicted for a one-year increase in education.
C) The dollar change in income predicted for a one percent increase in education.
D) The dollar change in income predicted for a one-year increase in education.
E) None of the above