Question 1

Exhibit 1-1
 
-In Exhibit 1-1, point c represents

Accepted Answer

A) x = 30, y = 60 
B) x = 60, y = 30 
C) c = 90 
D) x + y = 60 
E) x + y = 30 
A) x = 30, y = 60 
B) x = 60, y = 30 
C) c = 90 
D) x + y = 60 
E) x + y = 30

Question 2

A line on a graph will shift if

Accepted Answer

A) the independent variable changes 
B) there are no changes in any variables considered in the model 
C) there is a change in a variable that had previously been assumed to be constant 
D) a change in the independent variable causes a change in the dependent variable 
E) the independent variable and the dependent variable are unrelated 
A) the independent variable changes 
B) there are no changes in any variables considered in the model 
C) there is a change in a variable that had previously been assumed to be constant 
D) a change in the independent variable causes a change in the dependent variable 
E) the independent variable and the dependent variable are unrelated

Question 3

Exhibit 1-1
 
-Point a in Exhibit 1-1 represents

Accepted Answer

A) the origin 
B) x = 0, y = 50 
C) x = 50, y = 0 
D) x + y = 50 
E) y = 0; no information is given about x 
A) the origin 
B) x = 0, y = 50 
C) x = 50, y = 0 
D) x + y = 50 
E) y = 0; no information is given about x

Question 4

Exhibit 1-16
          
-Refer to exhibit 1-16. Which of the graphs illustrates a direct or positive relationship between variable X and variable Y?

Accepted Answer

A) a 
B) b 
C) c 
D) d 
E) e 
A) a 
B) b 
C) c 
D) d 
E) e

Exhibit 1-1 -In Exhibit 1-1, point c represents

A line on a graph will shift if

Exhibit 1-1 -Point a in Exhibit 1-1 represents

Exhibit 1-16 -Refer to exhibit 1-16. Which of the graphs illustrates a direct or positive relationship between variable X and variable Y?

The Art and Science of Economic Analysis

Economic Tools and Economics Systems

Economic Decision Makers

Demand, Supply, and Markets

Introduction to Macroeconomics

Tracking the Us Economy

Unemployment and Inflation

Productivity and Growth

Aaggregate Expenditure and Agregate Demand

Aggregate Expenditure and Aggregate Demand

Aggregate Supply

Fiscal Policy

Federal Budgets and Public Policy

Money and the Financial System

Banking and the Money Supply

Monetary Theory and Policy

Macro Policy Debate: Active or Passive

International Trade

International Finance

Economic Development

Filters

Exam 2: Understanding Graphs-Appendix

Exhibit 1-1 -In Exhibit 1-1, point c represents

A line on a graph will shift if

Exhibit 1-1 -Point a in Exhibit 1-1 represents

Exhibit 1-16 -Refer to exhibit 1-16. Which of the graphs illustrates a direct or positive relationship between variable X and variable Y?

The Art and Science of Economic Analysis

Economic Tools and Economics Systems

Economic Decision Makers

Demand, Supply, and Markets

Introduction to Macroeconomics

Tracking the Us Economy

Unemployment and Inflation

Productivity and Growth

Aaggregate Expenditure and Agregate Demand

Aggregate Expenditure and Aggregate Demand

Aggregate Supply

Fiscal Policy

Federal Budgets and Public Policy

Money and the Financial System

Banking and the Money Supply

Monetary Theory and Policy

Macro Policy Debate: Active or Passive

International Trade

International Finance

Economic Development

Filters