If the Correlation Between Two Variables, X and Y, Is

question 122

Multiple Choice

If the correlation between two variables, X and Y, is +0.67, what is the regression coefficient for
These two variables?

• A) +0.67
• B) > 0
• C) < 0
• D) = 0

---

Definitions:

Calculating GDP

The process of determining the Gross Domestic Product of a country, usually by adding up total consumer spending, investment, government spending, and net exports.

Constant Dollar

A term used to describe the value of currency after adjusting for inflation, reflecting purchasing power across different time periods by removing the effects of price changes.

Current Dollar

A term used to describe the nominal monetary value of goods, services, or financial assets at the current time, without adjustment for inflation.

Real GDP

Gross Domestic Product adjusted for inflation, reflecting the value of all goods and services produced by an economy in a given year in real terms.