The Relationship Between Two Variables That Move in Opposite Directions

question 53

Multiple Choice

The relationship between two variables that move in opposite directions is shown graphically by a line that is

• A)positively sloped.
• B)relatively steep.
• C)relatively flat.
• D)negatively sloped.
• E)curved.

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Definitions:

Equality-Efficiency Trade-Off

This concept deals with the balance or compromise between achieving a more equitable distribution of resources and maximizing economic efficiency.

Income Equality

A situation in which earnings are distributed evenly across members of a society, reducing income disparities.

Growing Income Inequality

The increasing gap in the distribution of income and wealth among individuals or households within a community or country.

Widening Wage Gap

The increasing difference in compensation between high-income and low-income workers.