In a Positive Correlation

question 61

Multiple Choice

In a positive correlation,

• A)high scores on one variable are accompanied by high scores on the second variable
• B)low scores on one variable are accompanied by low scores on the second variable
• C)high scores on one variable are accompanied by low scores on the second variable
• D)both alternatives a. and b.

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Definitions:

Interest Rates

The cost of borrowing money or the return on investment for savings and loans, influencing economic activity by affecting consumer spending and business investments.

Demand For Capital

refers to the desire for investment in physical goods, technology, or equipment that can be used to produce other goods or services.

Derived Demand

The demand for a good or service that arises from the demand for another good or service, such as the demand for steel being derived from the demand for cars.

Productivity Of Labor

The measure of the output of goods and services produced by labor input, indicating the efficiency of labor use.