Consumption change calculation

23 Views Asked by At

I want to calculate yearly consumption change according to the following formula: $$C_{t+1}=C_{t}e^{x_{t}}$$ I need to calculate ${x_{t}}$.

I have the consumption data $C_{t+1}$ and $C_{t}$.

1

There are 1 best solutions below

0
On BEST ANSWER

By definition of logarithms, $x_t=\ln {\dfrac{C_{t+1}}{C_t}}$