A Plot of Points Representing the Rate of Inflation and the Unemployment

question 86

Multiple Choice

A plot of points representing the rate of inflation and the unemployment for the United States since 1953 reveals that

• A) there is an inverse relationship between the two variables.
• B) there does not appear to be any trade-off between the two variables.
• C) there is a positive relationship between the two variables.
• D) none of the above.

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Definitions:

Cognitive Ability Test

A type of psychological test designed to measure an individual's reasoning, memory, and problem-solving skills.

General Intelligence

A theoretical measure of an individual's overall mental capability to solve problems and learn.

Biodata Tests

Psychological assessments that use biographical information to predict future performance and behaviors of candidates.

Past Behaviour

Actions or reactions displayed by an individual or organization in previous situations, often used as an indicator for future performances.