Everything Else Held Constant,if a Factor Decreases the Demand for ________

question 2

Multiple Choice

Everything else held constant,if a factor decreases the demand for ________ goods relative to ________ goods,the domestic currency will depreciate.

• A)foreign;domestic
• B)foreign;foreign
• C)domestic;domestic
• D)domestic;foreign

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Definitions:

Vertical Axis

A reference line used in graphs and charts to represent values of a variable, typically running perpendicular to the horizontal axis.

Dependent Variable

The outcome factor that researchers measure in an experiment and expect to change as a result of manipulations to the independent variable.

Ex Post Facto

A research design in which the researchers retrospectively investigate the cause-and-effect relationship between variables, after the events have occurred.

Participant Groups

Divisions or categories of subjects who take part in a research study, often differentiated by certain variables or treatments.