A) is useful when showing what has happened over time. B) may be shown by vertical bars to illustrate the comparative sizes of different observations. C) is useful when the true direction of causality between two variables is reversed. D) shows the percentages of a total amount that can be attributed to various components. A) is useful when showing what has happened over time. B) may be shown by vertical bars to illustrate the comparative sizes of different observations. C) is useful when the true direction of causality between two variables is reversed. D) shows the percentages of a total amount that can be attributed to various components.

Exam 21: Graphs in Economics

Use the following to answer question: -(Figure: Cold Drinks Sold and Temperature)Use Figure: Cold Drinks Sold and Temperature.If we move from point C to point D in the figure,the outside temperature has _ degrees and the number of cold drinks sold has _.

(Multiple Choice)

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Question 41

Use the following to answer question: -(Figure: Slope)Use Figure: Slope.In the graph,the slope of the line between points A and B is:

(Multiple Choice)

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Question 42

Use the following to answer question: -(Table: Price,Quantity Demanded,and Quantity Supplied)Use Table: Price,Quantity Demanded,and Quantity Supplied.The data in the figure suggest a nonlinear relation between:

(Multiple Choice)

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Question 43

A positive relationship between swimsuits purchased and ice cream purchased could be the result of:

(Multiple Choice)

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Question 44

Use the following to answer question: -(Figure: Illustrating Slope)Use Figure: Illustrating Slope.In the graph,line 1 depicts X and Y to be:

(Multiple Choice)

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Question 45

If two variables are negatively related:

(Multiple Choice)

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Question 46

Use the following to answer question: -(Figure: Seasonally Adjusted Unemployment Rate)Use Figure: Seasonally Adjusted Unemployment Rate.The distance between each labeled point on the horizontal axis is one year,and the distance between each labeled point on the vertical axis is one percentage point of unemployment.What is the approximate slope of the graph between 1/2001 and 1/2003 (using percentage point and years as the units on the vertical and horizontal axes,respectively)?

(Multiple Choice)

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Question 47

A bar graph:

(Multiple Choice)

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Question 48

Use the following to answer question: -(Table: Price,Quantity Demanded,and Quantity Supplied)Use Table: Price,Quantity Demanded,and Quantity Supplied.A linear relationship exists between:

(Multiple Choice)

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Question 49

A scatter diagram shows:

(Multiple Choice)

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Question 50

If two variables are positively related:

(Multiple Choice)

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Question 51

Use the following to answer question: -(Figure: Y = f(X))Use Figure: Y = f(X).The slope of the relation between x and y is:

(Multiple Choice)

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Question 52

Use the following to answer question: -(Figure: Hot Drinks Sold and Temperature)Use Figure: Hot Drinks Sold and Temperature.If we move from point L to point M in the figure,the outside temperature has _ degrees and the number of hot drinks sold has _.

(Multiple Choice)

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Question 53

Use the following to answer question: -(Table: Wages and Hours Willing to Work)Use Table: Wages and Hours Willing to Work.If it was graphed,the relationship between wage per hour and hours willing to work would be:

(Multiple Choice)

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Question 54

Use the following to answer question: -(Figure: Labor Force Participation Rate)Use Figure: Labor Force Participation Rate.Using the figure,the labor force participation rate for women was _ during 1970-1985 and _ during 1998-2006.

(Multiple Choice)

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Question 55

Taylor sees a bar graph showing the average weight of adult males over the past 200 years and concludes that men get more obese over time.Taylor's conclusion may be wrong since she did not consider:

(Multiple Choice)

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Question 56

Use the following to answer question: -(Figure: Consumption of Pizza and Tacos)Use Figure: Consumption of Pizza and Tacos.The figure shows the number of tacos and pizza slices Matt can eat in a day.The best estimate of the slope between point A and point B is -4.

(True/False)

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Question 57

Your boss asks you to graph company profits for the past 10 years.The BEST way to show this information is with a(n):

(Multiple Choice)

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Question 58

In looking at a chart of the positive relationship between police officers and crime,the mayor remarks that more police officers cause more crime.The mayor may be wrong because she did not consider:

(Multiple Choice)

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Question 59

Use the following to answer question: -(Figure: Hot Drinks Sold and Temperature)Use Figure: Hot Drinks Sold and Temperature.If we move from point K to point L in the figure,the outside temperature has _ degrees and the number of hot drinks sold has _.

(Multiple Choice)

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(48)

Question 60

Showing 41 - 60 of 60

Exam 21: Graphs in Economics

Use the following to answer question: -(Figure: Cold Drinks Sold and Temperature)Use Figure: Cold Drinks Sold and Temperature.If we move from point C to point D in the figure,the outside temperature has _____ degrees and the number of cold drinks sold has _____.

Use the following to answer question: -(Figure: Slope)Use Figure: Slope.In the graph,the slope of the line between points A and B is:

Use the following to answer question: -(Table: Price,Quantity Demanded,and Quantity Supplied)Use Table: Price,Quantity Demanded,and Quantity Supplied.The data in the figure suggest a nonlinear relation between:

A positive relationship between swimsuits purchased and ice cream purchased could be the result of:

Use the following to answer question: -(Figure: Illustrating Slope)Use Figure: Illustrating Slope.In the graph,line 1 depicts X and Y to be:

If two variables are negatively related:

A bar graph:

Use the following to answer question: -(Table: Price,Quantity Demanded,and Quantity Supplied)Use Table: Price,Quantity Demanded,and Quantity Supplied.A linear relationship exists between:

A scatter diagram shows:

If two variables are positively related:

Use the following to answer question: -(Figure: Y = f(X))Use Figure: Y = f(X).The slope of the relation between x and y is:

Use the following to answer question: -(Figure: Hot Drinks Sold and Temperature)Use Figure: Hot Drinks Sold and Temperature.If we move from point L to point M in the figure,the outside temperature has _____ degrees and the number of hot drinks sold has _____.

Use the following to answer question: -(Table: Wages and Hours Willing to Work)Use Table: Wages and Hours Willing to Work.If it was graphed,the relationship between wage per hour and hours willing to work would be:

Use the following to answer question: -(Figure: Labor Force Participation Rate)Use Figure: Labor Force Participation Rate.Using the figure,the labor force participation rate for women was _____ during 1970-1985 and _____ during 1998-2006.

Taylor sees a bar graph showing the average weight of adult males over the past 200 years and concludes that men get more obese over time.Taylor's conclusion may be wrong since she did not consider:

Use the following to answer question: -(Figure: Consumption of Pizza and Tacos)Use Figure: Consumption of Pizza and Tacos.The figure shows the number of tacos and pizza slices Matt can eat in a day.The best estimate of the slope between point A and point B is -4.

Your boss asks you to graph company profits for the past 10 years.The BEST way to show this information is with a(n):

In looking at a chart of the positive relationship between police officers and crime,the mayor remarks that more police officers cause more crime.The mayor may be wrong because she did not consider:

Use the following to answer question: -(Figure: Hot Drinks Sold and Temperature)Use Figure: Hot Drinks Sold and Temperature.If we move from point K to point L in the figure,the outside temperature has _____ degrees and the number of hot drinks sold has _____.

First Principles

Economic Models: Trade-Offs and Trade

Consumer and Producer Surplus

Supply and Demand

Price Controls and Quotas: Meddling With Markets

Elasticity

Taxes

International Trade

Decision Making by Individuals and Firms

The Rational Consumer

Behind the Supply Curve: Inputs and Costs

Perfect Competition and the Supply Curve

Monopoly

Oligopoly

Monopolistic Competition and Product Differentiation

Externalities

Public Goods and Common Resources

The Economics of the Welfare State

Factor Markets and the Distribution of Income

Uncertainty, Risk, and Private Information

Consumer Preferences and Consumer Choice

Filters

Use the following to answer question: -(Figure: Cold Drinks Sold and Temperature)Use Figure: Cold Drinks Sold and Temperature.If we move from point C to point D in the figure,the outside temperature has _ degrees and the number of cold drinks sold has _.

Use the following to answer question: -(Figure: Hot Drinks Sold and Temperature)Use Figure: Hot Drinks Sold and Temperature.If we move from point L to point M in the figure,the outside temperature has _ degrees and the number of hot drinks sold has _.

Use the following to answer question: -(Figure: Labor Force Participation Rate)Use Figure: Labor Force Participation Rate.Using the figure,the labor force participation rate for women was _ during 1970-1985 and _ during 1998-2006.

Use the following to answer question: -(Figure: Hot Drinks Sold and Temperature)Use Figure: Hot Drinks Sold and Temperature.If we move from point K to point L in the figure,the outside temperature has _ degrees and the number of hot drinks sold has _.