Nelson and Leonesio (1988) Studied the Relation Between JOLs and the Allocation

question 76

Multiple Choice

Nelson and Leonesio (1988) studied the relation between JOLs and the allocation of study time.They found that under their test conditions:

• A)JOLs were unrelated to study time.
• B)JOLs were negatively correlated to study time-higher JOLs meant less study time.
• C)JOLs were positively correlated to study time-higher JOLs meant more study time.
• D)JOLs were correlated with study time, but study time was not correlated with JOLs.

---

Definitions:

Slope

In mathematics, the measure of the steepness or angle of a line, defined as the ratio between the rise and the run between two points on the line.

Rectangular Hyperbola

A type of curve, defined as the graph of an equation of the form xy = c, where c is a constant, representing certain economic relationships.

Demand Curve

A graph depicting the relationship between the price of a good and the quantity demanded, typically showing a downward slope.

Unit Elasticity

A situation in which the percentage change in quantity demanded or supplied is equal to the percentage change in price.