Simply Because Some Goods and Services Are _____ by the Government

question 14

Multiple Choice

Simply because some goods and services are _____ by the government does not mean that they must be _____by the government.

• A)financed; produced
• B)produced; financed
• C)demanded; privatized
• D)privatized; demanded
• E)regulated; privatized

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Definitions:

Independent Variable

In research and experimentation, the variable that is manipulated or changed to observe its effects on a dependent variable.

Dependent Variable

In an experiment or study, it is the variable that is tested and measured, and it is expected to change as a result of changes in the independent variable.

Straight Line

In the context of graphs, a linear representation that exhibits a constant rate of change between two variables.

Horizontal Change

A term that does not have a standard definition in economics; it might be a misinterpretation or miscommunication of a concept. NO.