1. ©2005 Brooks/Cole - Thomson Learning FIGURES FOR CHAPTER 6 MATTERS OF FUNCTIONAL FORM Click the mouse or use the arrow keys to move to the next page. Use the ESC key to exit this chapter.

2. ©2005 Brooks/Cole - Thomson Learning Figure 6.1 The log-log model.

3. ©2005 Brooks/Cole - Thomson Learning Figure 6.2 The log-log model (  < 0).

4. ©2005 Brooks/Cole - Thomson Learning Figure 6.3 The constant growth model in discrete time (Y 0 = 100, g = 0.05).

5. ©2005 Brooks/Cole - Thomson Learning Figure 6.4 U.S. GDP per capita, 1880–1987.

6. ©2005 Brooks/Cole - Thomson Learning Figure 6.5 The natural logarithmic function y = log x.

7. ©2005 Brooks/Cole - Thomson Learning Figure 6.6 Prices during the Hungarian hyperinflation of 1945–1946.

8. ©2005 Brooks/Cole - Thomson Learning Figure 6.7 The lin-log model: Y =  +  log X.

9. ©2005 Brooks/Cole - Thomson Learning Figure 6.8 Prais and Houthakker’s Engel curve for meat consumption, based on a lin-log regression model.

10. ©2005 Brooks/Cole - Thomson Learning Figure 6.9 The reciprocal model: Y =  + .

11. ©2005 Brooks/Cole - Thomson Learning Figure 6.10 Prais and Houthakker’s Engel curve for meat consumption, based on a reciprocal regression model.

12. ©2005 Brooks/Cole - Thomson Learning Figure 6.12 Alternative functional forms for an Engel curve fitted to Houthakker’s electricity demand data.

13. ©2005 Brooks/Cole - Thomson Learning Figure 6.13 Money and prices during the German hyperinflation, September 1920– November 1923 (Sept. 1920 = 1.0).

14. ©2005 Brooks/Cole - Thomson Learning Figure 6.14 Money and prices during the Polish hyperinflation, April 1922– November 1923 (April 1922 = 1.0).

15. ©2005 Brooks/Cole - Thomson Learning Figure 6.15 The velocity of money in the United States, 1869–1970.

16. ©2005 Brooks/Cole - Thomson Learning Figure 6.16 Real money holdings log(M t /P t ) decline during a hyperinflation.