If Two Variables Are Related So That Increasing Values of One

question 35

Multiple Choice

If two variables are related so that increasing values of one variable are associated with decreasing values of the other, then there is a (or ) relationship between the variables.

• A)positive; direct
• B)positive; inverse
• C)negative; inverse
• D)negative; direct

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Definitions:

Nationalize

The process by which a government takes control of a private industry or assets and transforms it into state ownership.

Profit Maximization

The technique a corporation employs to determine the pricing and level of output that maximizes earnings.

Vicious-Circle-Of-Poverty

A self-perpetuating condition where poverty leads to circumstances that perpetuate poverty, making it difficult to break the cycle.

Capital Stock

For a single firm, the current market value of the firm’s plant, equipment, inventories, and intangible assets.