When Two Variables Are Linked and Their Individual Effects Cannot

question 283

Multiple Choice

When two variables are linked and their individual effects cannot be separated out,we speak of the variables as being

• A) independent variables.
• B) dependent variables.
• C) confounded variables.
• D) codependent variables.

---

Definitions:

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of the good that suppliers are willing to sell.

Sales Tax

A tax imposed by governments on the sale of goods and services, typically calculated as a percentage of the purchase price.

Price

The amount of money required to purchase a good or service, often determined by the interaction of supply and demand.

Quantity Tax

A tax that is levied on a per unit basis, meaning a specified amount is charged for each unit of a good or service sold.