When Economists Use the Term "Correlation," They Are Referring to

question 96

Multiple Choice

When economists use the term "correlation," they are referring to

• A)normative economics.
• B)how two variables move together in a predictable way.
• C)positive economics.
• D)economic policy.
• E)cause and effect relationships between variables.

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Definitions:

Axons

Long, threadlike parts of nerve cells which transmit electrical impulses away from the neuron's cell body.

Thousandths

A fractional value in mathematics, symbolized by 0.001, representing one part in a thousand.

Basic Types

Fundamental categories or groups into which entities, concepts, or items are classified based on shared characteristics or attributes.

Neurons

Electrically excitable cells in the nervous system that process and transmit information through electrical and chemical signals.