One Reason for Computing the Logarithms (Ln), or Changes in Logarithms

question 15

Multiple Choice

One reason for computing the logarithms (ln) , or changes in logarithms, of economic time series is that

• A)numbers often get very large.
• B)economic variables are hardly ever negative.
• C)they often exhibit growth that is approximately exponential.
• D)natural logarithms are easier to work with than base 10 logarithms.

---

Definitions:

Senior Citizens

Individuals who have reached a certain age, often considered to be the retirement age, and are usually entitled to various benefits.

Occupational

Relating to a job or profession, especially in terms of the skills, knowledge, and activities associated with it.

Cohort Subcultures

Groups within an organization or society that share common values or characteristics, typically based on age or generation.

Functional Subcultures

Distinct groups within an organization that develop around specific functions or departments, each with its own norms and practices.