The Measured Slope of a Line

question 18

Multiple Choice

The measured slope of a line:

• A)is independent of how the two variables are denominated.
• B)will be affected by how the two variables are denominated.
• C)necessarily diminishes as one moves rightward on the line.
• D)necessarily increases as one moves rightward on the line.

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Definitions:

Entrepreneurial Ability

The skill to innovate, take risks, and efficiently allocate resources to create and manage a business.

Human Capital

A form of intangible capital that includes the skills and other knowledge that workers have or acquire through education and training and that yields valuable services to a firm over time.

Labor Productivity

The measure of economic output per unit of labor input, often used to gauge the efficiency of a workforce.

Savings Rate

The proportion of disposable income that is saved rather than spent on consumption.