If two variables are positively related, then
A) they move in opposite directions.
B) they are independent of each other.
C) they move in the same direction.
D) their graph will have a negative slope.
C
Economics
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Departures from stationarity
A) jeopardize forecasts and inference based on time series regression. B) occur often in cross-sectional data. C) can be made to have less severe consequences by using log-log specifications. D) cannot be fixed.
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The demand curve for a monopolist is
A) the industry demand curve. B) the same as the demand curve for a perfectly competitive firm. C) a perfectly inelastic demand curve. D) a unitary elastic demand curve.
Economics