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You have a theory that GDP (Y) depends on energy (E) and labor (L). Your theory says that Y = 1 / M Which expression
You have a theory that GDP (Y) depends on energy (E) and labor (L). Your theory says that Y = 1 / M Which expression shows what In(Y) is equal to? O In(Y) = EXL O In(Y) = In(E) + In(L) O In(Y) = Bin(E) + eIn(L) O In(Y) = In(E) - In(L)If x is small (close to zero), then the expression In (1 + x) is approximately equal to what? Oex In(x) Ox O 1You have a theory that GDP (Y) depends on energy (E) and labor (L). Your theory says that Y = EPL . Which expression shows what In(Y) is equal to? O In (Y) = EXL O In(Y) = In(E) + In(L) O In(Y) = Bin(E) + eIn(L) O In(Y) = In(E) - In(L)
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