Along a straight line, when x equals 90, then y equals 30. When x equals 120, then y equals 40. The slope of the straight line is

A) 1/3.
B) -1/3.
C) 3.
D) -3.

A

Economics

You might also like to view...

When the price of a CD is $13 per CD, 39,000,000 CDs per year are supplied. When the price is $15 per CD, 41,000,000 CDs per year are supplied. What is the elasticity of supply for CDs?

A) 2.86 B) 0.35 C) 0.14 D) 0.05

Economics

The late Hugo Chavez, Venezuela's former president, proposed that the independence of the Venezuelan central bank be eliminated

Given the research on the relationship between central bank independence and inflation, we should expect this event to cause inflation to ________ and the real exchange rate to ________ between the two counties. (Assume the nominal exchange does not change, and that the United States is the domestic country). A) rise in Venezuela relative to the United States; fall B) rise in Venezuela relative to the United States; rise C) fall in Venezuela relative to the United States; fall D) fall in Venezuela relative to the United States; rise

Economics