If the slope of a line that graphs the relationship between variable x and variable y is positive, then we know that
A) when the value of variable x increases, then the value of variable y decreases.
B) when the value of variable x decreases, then the value of variable y decreases.
C) the two variables are unrelated.
D) the two variables have an inverse relationshi
B
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The Federal Open Market Committee usually meets ________ times a year
A) four B) six C) eight D) twelve
When the colonies obtained independence they were no longer bound by a number of English laws, including the Navigation Acts which restricted and regulated trade. What best describes the impact of the removal of the Navigation Acts for commodities that were imported from England? a. A shift out of the supply curve and a shift back in the demand curve, which lowered prices
b. A shift out in the supply curve, which decreased the price and increased the quantity. c. A shift back in both the supply and demand curves, which decreased quantity. d. A shift back in the demand curve, which lowered both price and quantity.