A relationship between two variables in which one variable increases at the same time as the other decreases is called
A. negative.
B. nonlinear.
C. constant.
D. direct.
Answer: A
You might also like to view...
Lower rates of inflation increase planned spending because:
A. the reduction in wealth, resulting from the reduced real value of money, restrains spending. B. the Fed reacts to the lower inflation by lowering interest rates. C. resources are redistributed from high-spending households to low-spending households. D. the prices of domestic goods sold abroad increase (with a constant exchange rate).
Which of the following is an example of an activity that creates an external cost?
i. a smoker emitting second-hand smoke ii. sulfur emitting from a smoke stack iii. throwing garbage on the roadside A) i only B) i and ii C) iii only D) ii and iii E) i, ii, and iii
In the long run
a. all inputs are fixed. b. all inputs are variable. c. some inputs are fixed. d. production levels never change.
If there are no reserves, domestic adjustments to payment imbalances under fixed exchange rates require surplus countries to forsake full employment and deficit countries to forsake price stability.
Answer the following statement true (T) or false (F)