The Question Below Is Based on the Following Four Sets

question 110

Multiple Choice

The question below is based on the following four sets of data-pairs: (1) A and B, (2) C and D, (3) E and F, and (4) G and H. In each set, the independent variable is in the left column and the dependent variable is in the right column. Which of the four sets of data pairs show an inverse relationship between the independent and dependent variable?

• A) 1 and 3
• B) 2 and 3
• C) 3 and 4
• D) 2 and 4

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Definitions:

Exports

Exports refer to goods or services sent from one country to another for sale or trade, contributing to a nation's gross domestic product.

Trade Deficit

An economic measure of a negative balance of trade where a country's imports exceed its exports over a given period.

Exchange Rate

The value of one currency for the purpose of conversion to another, indicating how much of one currency can be exchanged for a unit of another currency.

Trade Flow

The movement of goods and services across borders, representing the import and export activities between countries.