Most Economic Graphs Have Two Lines Perpendicular to Each Other

question 124

Multiple Choice

Most economic graphs have two lines perpendicular to each other.The vertical line is called the

• A) origin.
• B) y-axis.
• C) x-axis.
• D) variable.
• E) time axis.

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Definitions:

Maximize Benefits

The act of optimizing or getting the most advantageous results from a certain situation or set of resources.

Compounded Annually

Interest that is computed once per year and added to the account's total.

Consistent Annual Contributions

Regular annual payments or deposits made into a financial account or investment to grow savings over time.

Compounded Annually

Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.