If Variables Change in the Same Direction, What Type of Correlation

question 65

Multiple Choice

If variables change in the same direction, what type of correlation is this called?

• A)positive correlation
• B)negative correlation
• C)positive causation
• D)negative causation

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Definitions:

New Tax

A fiscal policy instrument where the government imposes charges on individuals or businesses to raise revenue or to influence behavior.

Public Interest

The welfare or well-being of the general public and society as a whole, often considered in policy-making and legal contexts.

Non-Competitive Market

A market situation where individual sellers have significant control over prices and market share, reducing the influence of consumer choice.

Competitive Market

A market structure characterized by many buyers and sellers, free entry and exit, and a product for which every seller’s offering is identical.