Which of the Following Symbols Is Associated with the Independent

question 1

Multiple Choice

Which of the following symbols is associated with the independent variable in the regression equation?

• A)X
• B)Y′
• C)a
• D)b

---

Definitions:

Loanable Funds

Financial assets available for borrowing, which play a crucial role in setting interest rates in economics.

Shortage

A scenario in which the need for a product or service surpasses the available supply within a market.

Payday Lending

A type of short-term borrowing where lenders offer high-interest loans based on the borrower's income and credit profile.

Interest Rates

The amount charged by lenders to borrowers for the use of money, expressed as a percentage of the principal, or the rate at which interest is paid by bond issuers on the bond’s face value.