To Show the Values of an Economic Variable for Different

question 109

Multiple Choice

To show the values of an economic variable for different groups in a population at a point in time, it is best to use a

• A)trend-section diagram.
• B)time-series graph.
• C)linear graph.
• D)scatter diagram.
• E)cross-section graph

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Definitions:

Curvilinear Relationship

A relationship between two variables where the change in one variable is not constant with respect to the change in another.

Nonlinear Relationship

A relationship between variables where the change in one variable does not result in a proportional change in the other variable.

Nonmonotonic

A description of relationships where the direction of change is not consistent across the range of variables.

Curvilinear Relationship

A relationship between two variables in which the change in one variable does not result in a linear change in the other variable.