What Is a "Structural" Relationship

question 116

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 behaviour 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
• E)a relationship based on the institutions of the economy

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Definitions:

Operate

To control the functioning of; to manage and direct the operations of a system, process, machine, or organization.

Shut Down

The temporary or permanent cessation of operations, typically referring to businesses closing due to economic difficulties or other factors.

Business

Business refers to the organized efforts of enterprises to produce and sell goods and services for profit.

Additional Output

Refers to the extra amount of production a company or economy can generate when it utilizes additional resources or inputs.