A time series graph reveals whether there is a ________ , which represents ________
A) trends in two variables; unrelated variables
B) relationship between two variables; a trend in a variable
C) cross-section relationship; a general tendency for the variables to rise or fall
D) trend in a variable; a general tendency for the variable to rise or fall
E) relationship between two variables; a cross-section relationship
D
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In the last few decades, tariffs have:
A. risen by more than 20 percent in developing countries. B. fallen by more than 20 percent in developing countries. C. risen more in developing nations than in developed countries. D. risen more in developed nations than in developing countries.
Which of the following offers the best example of derived demand?
A. An increase in the demand for movie tickets causes an increase in the demand for popcorn. B. An increase in demand for movie tickets causes an increase in the demand for movie theatre workers. C. A decline in the demand for cars causes an increase in the demand for bus rides. D. An increase in the demand for cars causes an increase in the demand for gasoline.
Farmers lobbying the government for agricultural price supports are engaging in rent-seeking behavior.
Answer the following statement true (T) or false (F)
What are the direct and indirect effects of an increase in the money supply?
What will be an ideal response?