Question

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

Answer 1

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