If the change in y = -4 and the change in x = 2, there is
A) an independent relationship between y and x.
B) a positive relationship between y and x.
C) a negative relationship between y and x.
D) no relationship between y and x.
E) a relationship between x and y, but more information is needed to determine if it is a negative or positive relationshi
C
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According to Adam Smith, the "invisible hand" refers to
Which of the following statements about the financial crisis that began in 2008 is true?
A) It was a great illustration of how interdependent national economies are. B) Most economists agree that it originated in China. C) It only lasted 3 weeks. D) It only affected housing markets.
If you are following a tit-for-tat strategy in a repeated game, and your opponent makes a cooperative move, you will:
A. collude. B. price compete. C. defect. D. make a cooperative move in the next round.
What two factors need to increase in order to increase potential output in an economy?
What will be an ideal response?