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

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

Question details

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

Consider the following regression:

Log(Energy_Use_pc) = 300 + 0.64 log(GDPpc) + 0.003 Temperature

N=344

R2=0.55

Please interpret the coefficient on GDPpc.

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