In an Inverse Relationship

question 39

Multiple Choice

In an inverse relationship

• A)one variable rises while the other falls.
• B)both variables rise together.
• C)both variables fall together.
• D)the two variables have nothing to do with each other.

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Definitions:

Ceteris Paribus

In economics, it's a Latin term which stands for "if everything else remains the same," employed to focus on the influence of an individual variable by maintaining all other pertinent factors steady.

Positive Outcomes

Results or consequences of an action that are beneficial or desirable to stakeholders.

Normative

Pertaining to norms or standards, often referring to analyses or statements that express how things should be rather than how they are.

Positive Economic

Refers to economic theories or policies that lead to beneficial outcomes in terms of growth, employment, and living standards.