A slope is measured as the
A) value of the variable measured on the y-axis divided by the value of the variable measured on the x-axis.
B) value of the variable measured on the x-axis divided by the value of the variable measured on the y-axis.
C) change in the value of variable on the y-axis divided by the change in the value of the variable on the x-axis.
D) value of the variable measured on the y-axis minus the value of the variable measured on the x-axis.
E) value of the variable measured on the x-axis minus the value of the variable measured on the y-axis.
C
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As a percentage of GDP, non-military government purchases have remained very low and stable
a. True b. False
If the cost per unit of output for a particular product is $10 and the product sells for $20, what is the percentage markup over cost per unit?
a. 200 percent b. 10 percent c. 100 percent d. 20 percent e. 50 percent