The figure above shows a time-series graph. The horizontal axis measures ________ and the vertical axis measures ________
A) time; x-values
B) time; the variable of interest
C) the variable of interest; time
D) y-values; the variable of interest
B
Economics
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How does the idea of independent events help in explaining the gambler's fallacy in a roulette game?
What will be an ideal response?
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Assume there is no foreign trade, the government sector has a balanced budget, and the economy is in equilibrium. If actual investment is greater than desired investment, then it is most likely that
A. Investment plus government spending is greater than saving plus taxes. B. Saving plus taxes is greater than investment plus government spending. C. Investment plus taxes is greater than saving plus government spending. D. Saving plus government spending is greater than investment plus taxes.
Economics