If the slope of a line that graphs the relationship between variable x and variable y is positive, then we know that

A) when the value of variable x increases, then the value of variable y decreases.
B) when the value of variable x decreases, then the value of variable y decreases.
C) the two variables are unrelated.
D) the two variables have an inverse relationshi


B

Economics

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A) the number of buyers B) the number of sellers C) the way in which people place their bids D) the degree of competition among buyers

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What are some differences between a command economy and a market economy?

What will be an ideal response?

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Comparative advantage indicates that:

a. specialization and exchange will cause trading partners to reduce their joint output. b. a nation can gain from trade even when it is at an absolute disadvantage in producing all goods. c. trade with low-wage countries will pull down the wages of workers in high-wage countries. d. all of these.

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Exhibit 9-5 Keynesian aggregate expenditures model where the MPC is 0.75 ? To eliminate the GDP gap shown in Exhibit 9-5, the government should cut its spending by:

A. $0.5 trillion. B. $1 trillion. C. $1.5 trillion. D. $2 trillion.

Economics