Three Variables Are Related and Two of Them Are Plotted

question 94

Multiple Choice

Three variables are related and two of them are plotted in a figure.If the variable that is not measured on either the x-axis or the y-axis changes,then there is

• A) a movement along the drawn curve.
• B) a shift in the curve.
• C) no impact on the curve because the variable is not measured on either of the axes.
• D) either a shift in the curve or a movement along the curve, but more information is needed to determine which.
• E) None of the above answers is correct.

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Definitions:

Gross Domestic Product

The overall value, whether in market prices or monetary terms, of all final goods and services produced within the territorial limits of a country in a specific period.

Income Inequality

The unequal distribution of household or individual income across the various participants in an economy.

Primary Products

Goods that are available from cultivating raw materials without a manufacturing process.

Crop Supply

Crop supply denotes the total quantity of agricultural crops that are available in the market during a specific period.