Examlex
If the fitted regression is Y = 3.5 + 2.1X (R2 = .25, n = 25) , it is incorrect to conclude that:
Terms of Trade
The proportion between a country's export price index and its import price index.
Snow Boards
Not an economic term, likely refers to snowboards, which are equipment used for snowboarding.
Scuba Tanks
Cylinders containing compressed gas, typically air or a specialized gas mixture, used by scuba divers to breathe underwater.
Exchange Rate
is the value of one currency for the purpose of conversion to another, determining how much of one currency can be exchanged for another currency.
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