Please answer questions 8 and 9 using the following information:

  Earnings measu ures a worker's monthly carnings. CollegeDegree is an indicator variable that is equal to I forworkers who have a college degree, and O otherwise.Total Assets refers to the total asscts of the fim that employsthe worker. We take natural logarithm on both Earnings and Total_Assets. Earnings are measured in thousanddollars, and Total Assets are measured in million dollars.

【題組】8. In Equation 2, holding all other factors constant, when Total.Assets increases by 1%, what is the predictedchange in Earnings?
(A) Increase by 250 dollars.
(B) Increase by 1284 dollars.
(C)Increase by 0.25%.
(D) Increase by 25%.
(E) None of the above choices (a)-(d).