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In the Log-Log Model, the Slope Coefficient Indicates A XX Has On

Question 29

Short Answer

In the log-log model, the slope coefficient indicates a. the effect that a unit change in XX has on YY .
b. the elasticity of YY with respect to XX .
c. ΔY/ΔX\Delta Y / \Delta X .
d. ΔYΔX×YX\frac { \Delta Y } { \Delta X } \times \frac { Y } { X } .

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