In the above graph, the slope of the line AB is Positive
Reason - There are some things from which slope of the graph can be determined like,
If the line is starting from the bottom left and going towards the top right then it is a positive slope.
If the line is starting from top left and going towards the bottom right then it is a negative slope.
If the line is parallel to Y-axis then the slope is zero.
If the line parallel to X-axis then the slope is infinite.
Example of the positive slope is a supply curve.
Example of the negative slope is a demand curve.
Example of zero slope can be perfectly inelastic supply curve and perfectly inelastic demand curve.
Example of infinite slope can be perfectly elastic supply curve and perfectly elastic demand curve.
2) In the above question, the following things are given -
Gross Domestic Product (GDP) = 6737
Total Investment (I) = 1038
Total spending by government (G) = 1174
Net Exports (X) = -102
Total spending by consumers (C) = ?
GDP = C + I + G + X
6737 = C + 1038 + 1174 + (-102)
Now by shifting all the values to the left side, signs of all values will change
6737 - 1038 -1174 + 102 = C
C = 4627
3)The speed at which money changes hands (V) is represented by the equation
Now by this equation, we have to find M
So first M will go to the left side with V and there is a rule that if something is in the denominator and when that is shifted to the left side then it is multiplied with the whatsoever value in the left side. Hence M will be multiplied with V so now our equation is
V x M = PQ
Now if something is in multiplication and when it is shifted to the other side of equals to sign then it comes in the denominator and by this rule as V is in multiplication with M and V is shifted to the other side then it will come in the denominator of PQ
Now the equation will be -
So Option D is correct
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