The Interpretation of the Slope Coefficient in the Model Ln(Yi)=

The interpretation of the slope coefficient in the model ln(Yi) = β0 + β1 ln(Xi) + ui is as follows:

A) a 1% change in X is associated with a β1 % change in Y.
B) a change in X by one unit is associated with a β1 change in Y.
C) a change in X by one unit is associated with a 100 β1 % change in Y.
D) a 1% change in X is associated with a change in Y of 0.01 β1.