Suppose we have data for the time period 2000-2010 for real GDP in the US. We calculate a semi-logarithm model given by: ln GDP(t) = 9.5206+ 0.0351t, where GDP = real GDP and t = time per year. How would you interpret the coefficient of t in this model?

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Suppose we have data for the time period 2000-2010 for real GDP in the US. We calculate a semi-logarithm model given by: ln GDP(t) = 9.5206+ 0.0351t, where GDP = real GDP and t = time per year. How would you interpret the coefficient of t in this model?