If a Large Change in the Variable Measured on the X-Axis

question 155

Multiple Choice

If a large change in the variable measured on the x-axis is associated with a small change of the variable measured on the y-axis, the line is ________ and the slope is ________.

• A) downward-sloping; large
• B) downward-sloping; small
• C) upward-sloping; small
• D) either downward or upward-sloping; small

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Definitions:

Resolution to Pay

A formal decision made by a company's board of directors to distribute funds, often as dividends, to shareholders.

Dividend Payment

A payout of part of a firm's profits, determined by its board of directors, and given to its stockholders.

Ex-Dividend Date

Date two business days before the date of record, establishing those individuals entitled to a dividend.

Market Value

The current quoted price at which an asset or a company can be bought or sold on the open market.