1. If I study more, my grade will increase. This means that studying and grades are
a, independent of each other
b. smoothly related
c. positively related
d. negatively related
If price of pepsi goes up and purchases of pepsi down, then price and purchases are
negatively related
interdependent
positively related
independent
Which of the following scenarios would lead to an outwards/rightwards shift of the production possibility curve?
an earthquake in the region
floods for the next year or so
lack of education
improvement in technology
1) c. Positively related
When two things change in the same direction they are positively related.
2) negatively related
When two things change in opposite direction they are negatively related.
3) improvement in technology
1. If I study more, my grade will increase. This means that studying and grades are...
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Budgetary Policy and Economic Growth Errol D'Souza The share of capital expenditures in government expenditures has been slipping and the tax reforms have not yet improved the income...