When We Have a Relationship That Is Continually Rising, but the Line

question 48

Multiple Choice

When we have a relationship that is continually rising, but the line showing the relationship is not necessarily straight, we call this a _______ relationship.

• A) linear
• B) reclining
• C) bivariate
• D) monotonic

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Definitions:

Percent Unemployment

The slice of the labor force that remains without work but is actively engaging in job search.

Capacity Utilization Rate

A measure of how much of a company's or industry's potential output is being used, often expressed as a percentage.

Unemployment Rate

The percentage of the labor force that is jobless and seeking employment, a key indicator of economic health.

Opportunity Cost

The loss incurred from not choosing the immediate best alternative in the course of decision-making.