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An empirical study was carried out to estimate the parameters k and c of a GNP growth model: g=kect where g is the growth series
An empirical study was carried out to estimate the parameters k and c of a GNP growth model: g=kect where g is the growth series with time, t. The following linear model: lng=lnk+ct was graphically estimated as lng=2.08+0.1t What is the estimated growth model? A. g=8.0e0.1t B. g=ln2.08e0.1t C. g=8.0eln0.1t D. g=ln2.08eln0.1t
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