If variable x always increases when variable y decreases, x and y are said to be

A) positively related.
B) negatively related.
C) unrelated.
D) trend related.


B

Economics

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The exploitation of what resource supplied more than half of the increase in mechanical energy in 1860–1910?

(a) Petroleum (b) Water power (c) Anthracite coal (d) Bituminous coal

Economics

A tax on sellers:

A. shifts the demand curve vertically downwards by the amount of the tax, but does not affect the supply curve B. causes equilibrium price and quantity to decrease. C. causes a shortage in the market. D. shifts the supply curve vertically upwards by the amount of the tax, but does not affect the demand curve.

Economics

The best example of a market capitalist economy is:

A) Russia. B) China before 1979. C) Cuba. D) the United States.

Economics

Which of the following statements is not true for a command economy?

A. The government decides what is produced. B. The amount of a good supplied always equals the amount of the good demanded. C. The state decides how to distribute what is produced. D. Consumers have some choices concerning what they buy.

Economics