Question: ( 1 0 points ) Consider the level - log model y = 0 + 1 l o g ( x ) + u Show

(10 points) Consider the level-log model y=0+1log(x)+u Show that 1100 captures the effect of a one-percent increase in x on y. That is y=(1100)%x, where % is read as "percentage change of".
( 1 0 points ) Consider the level - log model y =

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