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In the Model Ln(Yi)= β0 + β1Xi + Ui,the Elasticity

Question 11

Multiple Choice

In the model ln(Yi) = β0 + β1Xi + ui,the elasticity of E(Y|X) with respect to X is


A) β1X
B) β1
C) In the model ln(Yi) = β0 + β1Xi + ui,the elasticity of E(Y|X) with respect to X is A) β1X B) β1 C) D) Cannot be calculated because the function is non-linear
D) Cannot be calculated because the function is non-linear

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