If an increase in one variable causes a decrease in another variable, this is
A) a direct relationship.
B) a dependent relationship.
C) an independent relationship.
D) a negative relationship.
Answer: D
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What is the value of the intra-industry trade index for an industry in which exports are $200 million and imports are $20 million?
a. 2.00 b. (200 + 20)/20 = 11.00 c. 20/[1/2 × (200 + 20)] = 0.18 d. (200 - 20)/200 = 0.90
Which of the following statements is correct?
a. Theory and hypothesis are interchangeable terms for the same thing.
b. A hypothesis may result from a tested and confirmed theory.
c. A theory may result from a tested and confirmed hypothesis.
d. A hypothesis is a theory whose formulation relies on mathematics.
The consumption function assumes that
What will be an ideal response?
A tax increase is usually borne
A. entirely by the seller. B. entirely by the buyer. C. partially by the seller and partially by the buyer.