If Variable X Rises as a Result of Variable Y

question 147

True/False

If variable X rises as a result of variable Y falling,then X and Y have an inverse relationship.

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Definitions:

Increase

To become progressively greater in size, amount, number, or intensity.

Percent

A part or other object per hundred, used in making comparisons or showing proportion.

CPI

The Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, often used as an indicator of inflation.

Percent Increase

The ratio, expressed as a percentage, by which a quantity increases relative to its original value.