A variable measures
A) the degree to which something varies over time.
B) something that always has the same value.
C) something that can take on different values.
D) factors that occur with high degrees of uncertainty.
C
Economics
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In the classical model, desired saving
A) is inversely related to real income. B) exceeds investment. C) is equal to desired investment. D) is less than desired investment.
Economics
When an investor buys a corporate bond
A) the face value of the bond is equal to what the investor paid for the bond. B) the investor becomes part owner of the corporation. C) the principal of the bond is a loan to the corporation. D) the interest made on the bond represents the bondholder's limited liability in the company.
Economics