If there is a positive relationship between two variables,
A) the graph of the relationship will be downward sloping.
B) the graph of the relationship will be upward sloping.
C) the slope of the line graphing the relationship will be negative.
D) Both answers A and C are correct.
E) Both answers B and C are correct.
B
You might also like to view...
Marginal benefit refers to the additional benefit that your activity provides to you
Indicate whether the statement is true or false
Which of the following is a problem associated with an active policy such as a stimulus package?
a. Increase in the unemployment rate b. Increase in inflationary pressure c. Increase in the market interest rate d. Decrease in the market interest rate e. Decrease in money demand
If Oscar's company has a lease that runs until six months from now, which of the following would be true?
a. His rent payments would be considered fixed costs and anything longer than six months would be considered the short run. b. His rent payments would be considered fixed costs and anything less than six months would be considered the short run. c. His rent payments would be considered variable costs and anything longer than six months would be considered the short run. d. His rent payments would be considered variable costs and anything less than six months would be considered the short run.
According to the law of supply, when prices increase,
a. demand increases b. quantity demanded increases c. supply increases d. quantity supplied increases