Which of the Following Is True of the Relationship Between

question 100

Multiple Choice

Which of the following is true of the relationship between disposable income and consumption?

• A)Disposable income and consumption are both dependent variables.
• B)Disposable income and consumption are both independent variables.
• C)Disposable income is the dependent variable and consumption is the independent variable.
• D)Consumption is the dependent variable and disposable income is the independent variable.
• E)Neither is dependent nor independent since they are related by the equation DI = C + S.

---

Definitions:

Initial Value

The initial value is the beginning amount before any adjustments, such as depreciation or appreciation, and serves as a benchmark for measuring change over time.

Percent Change

A mathematical calculation that illustrates how much something has increased or decreased in percentage terms over a specific period.

Ticket Prices

The amount charged for admission to an event or access to a service.

Initial Value

The starting monetary or numerical value of an asset or investment before any gains, losses, or other changes.