An Economic Variable's Trend Over Time Indicates

question 36

Multiple Choice

An economic variable's trend over time indicates:

• A) a general tendency for an event to occur.
• B) a steady movement in the variable.
• C) an irregular pattern in the movement of an economic variable.
• D) a fixed path along which the variable must move.
• E) a periodic variation in an economic variable.

---

Definitions:

Billable Hours

The amount of an employee's work time that can be charged to a client, often used in legal and consultancy services to calculate fees.

Net Income

The remaining earnings of a business after subtracting all expenses, taxes, and costs from the gross revenue.

Profit Sharing

A company policy where employees receive a share of the company's profits based on its earnings, serving as an incentive and reward for employee performance.

Billable Hours

The amount of an employee's work time that can be charged to a client, commonly used in professional services like law and consulting.