What Is a "Structural" Relationship

question 54

Multiple Choice

What is a "structural" relationship?

• A)a relationship that depends on the size of firm investments in capital such as buildings and other structures
• B)a relationship that depends on the basic behavior of consumers and firms and remains unchanged over long periods
• C)a relationship between any two variables that is temporary
• D)any relationship that cannot be anticipated

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Definitions:

Sum

A mathematical process of adding numbers together to get their total amount.

Infinite Series

A series that continues indefinitely, represented by an infinite sum of terms.

Depreciates

The process of an asset losing value over time due to use, wear and tear, or obsolescence.

Depreciated Value

The reduced worth of an asset over time due to wear and tear or obsolescence.