If the diagram of a line shows that lower values on the vertical scale are associated with higher values on the horizontal scale this is an example of ?

Related Mcqs:

Resources in an economy ?

A. Are always found B. Can never decease C. Always increase over time D. Are limited at any moment in time...

Raising taxes and increasing welfare payments ?

A. reduces market power B. Proves that there is such a thing as a free lunch C. improves efficiency at the expense of equity. D. improves equity at the expense of efficiency....

The retail price index is used to__________________?

A. construct price lists B. compare shop prices C. measure changes in the cost of living D. None of the above...

Suppose you find Rs 20. If you choose to use the Rs 20 to go to a football match your opportunity cost of going to the game is ?

A. nothing because you found the money. B. Rs20 (because you found the money Rs 20 to buy other things) plus the value of your time spent at the game. C. Rs 20 (because you could have used the Rs 20 to buy other things) plus the value of your time spent at the game … Suppose you find Rs 20. If you choose to use the Rs 20 to go to a football match your opportunity cost of going...

A real value can be derived from a nominal value by ?

A. adjusting for changes over time B. adjusting for data collection errors C. adjusting for population changes D. adjusting or changes in prices...