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Mathematics, 24.12.2020 16:20 allieballey0727

Consider the following equation: Log(yt )= 0.7 + 1.2log(st ) + 0.3log(st-1) + 0.2log(st-2) + 0.1log(st-3) What is the percentage increase in y given a permanent 1% increase in s? a. 1.2 b. 1.8 c. 2.5 d. 0.5

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Consider the following equation: Log(yt )= 0.7 + 1.2log(st ) + 0.3log(st-1) + 0.2log(st-2) + 0.1log(...
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