Which of the Following Statements Is True When the Dependent

Multiple Choice

Which of the following statements is true when the dependent variable, y > 0?

A) Taking log of a variable often expands its range.
B) Models using log(y) as the dependent variable will satisfy CLM assumptions more closely than models using the level of y.
C) Taking log of variables make OLS estimates more sensitive to extreme values.
D) Taking logarithmic form of variables make the slope coefficients more responsive to rescaling.