Economists

question 8

Multiple Choice

Economists

• A) always put the independent variable on the horizontal axis and the dependent variable on the vertical axis.
• B) always put the dependent variable on the horizontal axis and the independent variable on the vertical axis.
• C) are somewhat arbitrary in assigning independent and dependent variables to the horizontal and vertical axes.
• D) measure the slope of a line differently than do mathematicians.

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Definitions:

Rule Of Law

A principle that governs a society where laws are publicly promulgated, equally enforced, and independently adjudicated, and are consistent with international human rights principles.

Effective

Capable of producing intended or desired results, often used to describe techniques, policies, or actions that achieve their objectives efficiently.

Society

A group of individuals involved in persistent social interaction, or a large social grouping sharing the same geographical or virtual territory, subject to the same political authority and dominant cultural expectations.

Reciprocity

The obligation to return in kind what another has done for us.