The Relationship Between Interest Rates as a Percent (X) and Housing

question 163

Multiple Choice

The relationship between interest rates as a percent (X) and housing starts (Y) is given by the linear equation Y' = 4094 - 269X. What will be the number of housing starts if the interest rate is 8.25%?

• A) 1875
• B) 1785
• C) 4094
• D) 3825

---

Definitions:

Communication Medium

The channel or method used to convey information or messages from one entity to another, including digital, oral, written, and non-verbal forms.

Communication Channel

The medium through which a message is transmitted from sender to receiver.

Conventional Promotion

Traditional methods of marketing or advertising, such as print ads, television commercials, or billboards.

Reactive

Characterized by actions or responses that occur as a result of external stimuli or events, rather than initiating change proactively.