Danzell Is a Purchasing Agent for a Major Grocery Store

question 1

Multiple Choice

Danzell is a purchasing agent for a major grocery store chain.He has noticed over the years that the higher the outdoor temperature, the more likely people are to buy fresh fruit.Based on Danzell's observations, we would say there is ______ relationship between outdoor temperature and buying of fresh fruit.

• A)a positive
• B)a negative
• C)a causal
• D)no

---

Definitions:

Aggregate Expenditure

The combined total of all economic spending, covering individual consumption, investments made by companies, governmental acquisitions, and the net balance of trade.

Aggregate Demand

The total demand for all goods and services within an economy at a given overall price level and within a given time period.

Money Supply

The total fund of money available in an economy at a fixed point in time.

Interest Rate

The cost of borrowing money, expressed as a percentage of the amount borrowed, paid by the borrower to the lender for the use of their funds.