Multiple Choice
All of the following are examples of an economic variable except
A) the amount of income tax that a household has to pay.
B) a family's income.
C) the price of gasoline.
D) an integer 24.
E) the number of oil refineries in the United States.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: Exhibit 2-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 2-1
Q13: A two-dimensional graph cannot be used to
Q14: Exhibit 2A-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 2A-5
Q15: A curve shows that every time family
Q16: Two variables are negatively correlated if<br>A)the value
Q18: To argue that economics is the only
Q19: Macroeconomics deals with large industries such as
Q20: Refer to the information in the following
Q21: Describe an experiment that you would run
Q22: Economic models<br>A)are different from the phenomena they