When economists use the term "correlation," they are referring to
A) normative economics.
B) positive economics.
C) cause and effect relationships between variables.
D) economic policy.
E) how two variables move together in a predictable way.
E
Economics
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Discretionary fiscal policy:
What will be an ideal response?
Economics
The principal-agent problem means that managers must
A) find ways for managers to get people to buy stock in their company. B) devise compensation rules to induce principals to act in the best interest of agents. C) devise compensation rules to induce agents to act in the best interest of principals. D) find efficient agents who will negotiate fair compensation rules for a firm's principal managers.
Economics