If an inverse relationship exists between two variables, then
What will be an ideal response?
as one variable increases, the other decreases.
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The BLS count Jody as being unemployed if she _______
A. had a job last month but not this month B. doesn't have a job because the U.S. factory where she worked cannot compete with cheap Chinese imports C. wants a job and looked for a job last year but has now stopped looking D. wants a job and is willing to take a job but after searching last week cannot find a job
In which form of business is a single individual responsible for the repayment of any debts?
A. Proprietorship. B. Partnership. C. Family-run business. D. Corporation.
The narrowest definition of money is called ________
a. "L" money b. M2 c. M1 d. time deposits
Refer to the information provided in Figure 3.3 below to answer the question(s) that follow.
Figure 3.3Refer to Figure 3.3. As your income decreased, the demand for X shifted from D1 to D2. Good X is
A. an inferior good. B. a luxury good. C. an income-neutral good. D. a normal good.