With Y Measured on the Vertical Axis and X Measured

question 43

Multiple Choice

With y measured on the vertical axis and x measured on the horizontal axis,the slope of a straight line is defined as

• A) y/x.
• B) x/y.
• C) (change in y)/(change in x).
• D) (change in x)/(change in y).
• E) y - x.

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Definitions:

Liquid Asset

Assets that can be quickly and easily converted into cash without significant loss in value.

Store Of Value

An asset that can be saved, retrieved, and exchanged at a later time, and is predictably useful in the future to purchase goods and services.

Medium Of Exchange

A system or object that is widely accepted in exchange for goods and services, facilitating trade by eliminating the need for a barter system.

Unit Of Account

A standard numerical monetary unit of measurement that provides a uniform measure of the value of goods and services.