A Mathematical Relationship in Which Increases in One Measure Are

question 4

Multiple Choice

A mathematical relationship in which increases in one measure are matched by increases in the other (and decreases correspond with decreases) is a

• A) zero correlation.
• B) variable relationship.
• C) positive relationship.
• D) negative relationship.

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Definitions:

GDP Deflator

A measure of the level of prices of all new, domestically produced, final goods and services in an economy, used to deflate nominal GDP to real GDP.

Percentage Change

A mathematical calculation that represents the degree of change over time, expressed as a percent, indicating how much something has increased or decreased.

GDP Deflator

An apparatus for gauging the level of prices of all newly made, domestic final goods and services in an economic setting.

Percentage Change

A mathematical calculation that shows how much a quantity has increased or decreased as a proportion of its previous value, often expressed as a percentage.