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    Exam 14: Introduction to Time Series Regression and Forecasting
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    The First Difference of the Logarithm of Yt Equals
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The First Difference of the Logarithm of Yt Equals

Question 15

Question 15

Multiple Choice

The first difference of the logarithm of Yt equals


A) the first difference of Y.
B) the difference between the lead and the lag of Y.
C) approximately the growth rate of Y when the growth rate is small.
D) the growth rate of Y exactly.

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