2. Economics
3. note log and ln both denote the natural logarithm consider...

# Question: note log and ln both denote the natural logarithm consider...

###### Question details

Note: “Log” and “Ln both denote the natural logarithm

Consider the following regression:

Log Electricity = -1.40 log  + 0.14 log .  Please calculate the turning point in the U-shaped relationship. GDP is measured in USD.