Multiple Choice
Exhibit 1A-5 Straight line 
Straight line CD in Exhibit 1A-5 shows that:
A) increasing values for X increases the value of Y.
B) decreasing values for X decreases the value of Y.
C) there is an inverse relationship between X and Y.
D) all of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q16: Microeconomics approaches the study of economics from
Q60: Scarcity means we are unable to have
Q72: The study of microeconomics and macroeconomics differ
Q124: An upward-sloping straight line exhibits a direct
Q166: A positive economic statement simply describes what
Q194: A downward-sloping straight line exhibits a direct
Q234: Which of the following is closest to
Q239: Because of scarcity,<br>A) it is impossible to
Q241: What is used to illustrate an independent
Q248: A normative economic statement:<br>A) is a model