Continuing with Exercise 20.20, can you guess why the authors chose to express the three variables in

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Continuing with Exercise 20.20, can you guess why the authors chose to express the three variables in the model in percentage change form rather than using the levels of these variables?

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Basic Econometrics

ISBN: 978-0073375779

5th edition

Authors: Damodar N. Gujrati, Dawn C. Porter

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