Multiple Choice
The "other things equal" assumption is employed when
A) the graph of a given relationship is shifting up or down.
B) economists draw a two-dimensional (or two-axes) graph.
C) the relationship is direct, but not when it is inverse.
D) the relationship is inverse, but not when it is direct.
Correct Answer:

Verified
Correct Answer:
Verified
Q29: If the equation y = -10 +
Q30: The comment that "taxes must be reduced
Q37: Which of the following is considered a
Q56: The slope of a straight line can
Q67: If we say that two variables are
Q148: The distinction between microeconomics and macroeconomics is<br>A)
Q149: The opportunity cost of constructing a new
Q212: The production possibilities curve is a graph
Q292: The economizing problem faced by society is
Q327: Economics may best be defined as the<br>A)