Examlex
Which of the following observations is an example of a positive correlation?
Supply of Savings
The total amount of savings that individuals and institutions are willing to lend or invest, available in the economy.
Interest Rates
The fee that lenders impose on borrowers for utilizing funds, represented as a percentage of the principal sum.
Investment
The process of distributing funds with the aim of earning an income or profit.
Classical Economics
Classical economics is a school of thought in economics that emphasizes the importance of free markets, the role of competition, and the idea that economies are self-regulating systems governed by natural laws of production and exchange.
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