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What is your estimate of the elasticity of life expectancy

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Reference no: EM133115213

Question - Suppose you have estimated a log log model of life expectancy as a function of income in which log LE = 3.7 + 0.1 x log INC where LE is life expectancy measured in years and INC is income measured in £000s. What is your estimate of the elasticity of life expectancy with respect to changes in income?

Reference no: EM133115213

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