Deck 22:Understanding Graphs

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Question
If x causes y, then

A)x and y are inversely related
B)y is a dependent variable
C)other variables don't matter
D)y must, in turn, cause x
E)x and y are always in a direct relation to each other
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Question
NARRBEGIN: Exhibit 1-2-1
Exhibit 1-2 <strong>NARRBEGIN: Exhibit 1-2-1 Exhibit 1-2   NARREND In Exhibit 1-2, at x = 12, the</strong> A)value of y is larger on curve A than on curve B B)value of y is smaller on curve A than on curve B C)value of y is the same on curve A as on curve B D)slope of line A is negative E)slope of line B is positive <div style=padding-top: 35px> NARREND
In Exhibit 1-2, at x = 12, the

A)value of y is larger on curve A than on curve B
B)value of y is smaller on curve A than on curve B
C)value of y is the same on curve A as on curve B
D)slope of line A is negative
E)slope of line B is positive
Question
Point a in Exhibit 1-1 represents

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
If the dependent variable Y is directly related to the independent variable X, this means that changes in X cause changes in Y.
Question
Point b in Exhibit 1-1 represents

A)x = 30, y = 60
B)x = 60, y = 30
C)x + y = 60
D)x + y = 30
E)b = 90
Question
The statement that there is a direct relation between x and y means that

A)x and y move in the same direction
B)x causes y
C)y causes x
D)either y causes x or x causes y
E)the causal connection between x and y is immediate
Question
NARRBEGIN: Exhibit 1-2-1
Exhibit 1-2 <strong>NARRBEGIN: Exhibit 1-2-1 Exhibit 1-2   NARREND In Exhibit 1-2, at x = 10, the</strong> A)value of y is larger on curve A than on curve B B)value of y is smaller on curve A than on curve B C)value of y is the same on curve A as on curve B D)slope of line A is negative E)slope of line B is positive <div style=padding-top: 35px> NARREND
In Exhibit 1-2, at x = 10, the

A)value of y is larger on curve A than on curve B
B)value of y is smaller on curve A than on curve B
C)value of y is the same on curve A as on curve B
D)slope of line A is negative
E)slope of line B is positive
Question
In Exhibit 1-1, point c represents

A)x = 30, y = 60
B)x = 60, y = 30
C)c = 90
D)x + y = 60
E)x + y = 30
Question
NARRBEGIN: Exhibit 1-2-1
Exhibit 1-2 <strong>NARRBEGIN: Exhibit 1-2-1 Exhibit 1-2   NARREND In Exhibit 1-2, at y = 10, the</strong> A)value of x is larger on curve A than on curve B B)value of x is smaller on curve A than on curve B C)value of x is the same on curve A as on curve B D)slope of line A is negative E)slope of line B is positive <div style=padding-top: 35px> NARREND
In Exhibit 1-2, at y = 10, the

A)value of x is larger on curve A than on curve B
B)value of x is smaller on curve A than on curve B
C)value of x is the same on curve A as on curve B
D)slope of line A is negative
E)slope of line B is positive
Question
NARRBEGIN: Exhibit 1-2-1
Exhibit 1-2 <strong>NARRBEGIN: Exhibit 1-2-1 Exhibit 1-2   NARREND In Exhibit 1-2, at y = 14, the</strong> A)value of x is larger on curve A than on curve B B)value of x is smaller on curve A than on curve B C)value of x is the same on curve A as on curve B D)slope of line A is negative E)slope of line B is positive <div style=padding-top: 35px> NARREND
In Exhibit 1-2, at y = 14, the

A)value of x is larger on curve A than on curve B
B)value of x is smaller on curve A than on curve B
C)value of x is the same on curve A as on curve B
D)slope of line A is negative
E)slope of line B is positive
Question
The statement that there is an inverse relationship between x and y means that

A)x causes y
B)y causes x
C)x and y move in opposite directions
D)either y causes x or x causes y
E)there is no causal relationship between x and y
Question
If a given value of x is associated with a particular value of y,

A)then x causes y
B)then y causes x
C)then x and y must be logically connected
D)there are no other variables that affect the value of y
E)there may be no causal relationship between x and y
Question
NARRBEGIN: Exhibit 1-2-1
Exhibit 1-2 <strong>NARRBEGIN: Exhibit 1-2-1 Exhibit 1-2   NARREND In Exhibit 1-2, at x = 8, the</strong> A)value of y is larger on curve A than on curve B B)value of y is smaller on curve A than on curve B C)value of y is the same on curve A as on curve B D)slope of line A is negative E)slope of line B is positive <div style=padding-top: 35px> NARREND
In Exhibit 1-2, at x = 8, the

A)value of y is larger on curve A than on curve B
B)value of y is smaller on curve A than on curve B
C)value of y is the same on curve A as on curve B
D)slope of line A is negative
E)slope of line B is positive
Question
Suppose y is measured on the vertical axis, x is on the horizontal axis, and the various combinations of x and y are shown by a nonvertical straight line. Which of the following must be true?

A)There is a negative relation between x and y.
B)There is a positive relation between x and y.
C)There is a causal relation between x and y.
D)If the value of x is known, the value of y can be determined.
E)The value of y is independent of the value of x.
Question
NARRBEGIN: Exhibit 1-4-1
Exhibit 1-4 <strong>NARRBEGIN: Exhibit 1-4-1 Exhibit 1-4   NARREND Which of the following must be true of line D in Exhibit 1-4?</strong> A)A decrease in P is associated with a decrease in Q. B)An increase in P is associated with an increase in Q. C)There is no relation between P and Q. D)There is an inverse relationship between P and Q. E)There is a direct relationship between P and Q. <div style=padding-top: 35px> NARREND
Which of the following must be true of line D in Exhibit 1-4?

A)A decrease in P is associated with a decrease in Q.
B)An increase in P is associated with an increase in Q.
C)There is no relation between P and Q.
D)There is an inverse relationship between P and Q.
E)There is a direct relationship between P and Q.
Question
A functional relationship exists between two variables if the value of one variable depends on the value of the other variable.
Question
NARRBEGIN: Exhibit 1-3
Exhibit 1-3 <strong>NARRBEGIN: Exhibit 1-3 Exhibit 1-3   NARREND In Exhibit 1-3, for any value of x, the</strong> A)value of y is larger on curve A than on curve B B)value of y is smaller on curve A than on curve B C)value of y is the same on curve A as on curve B D)slope of line A is increasing E)slope of line B is negative <div style=padding-top: 35px> NARREND
In Exhibit 1-3, for any value of x, the

A)value of y is larger on curve A than on curve B
B)value of y is smaller on curve A than on curve B
C)value of y is the same on curve A as on curve B
D)slope of line A is increasing
E)slope of line B is negative
Question
On a graph with x on the horizontal axis and y on the vertical axis, the origin is

A)the point where x = 0 and y = 0
B)any point where x = 0
C)any point where y = 0
D)where a curve intersects the vertical axis
E)where a curve intersects the horizontal axis
Question
NARRBEGIN: Exhibit 1-4-1
Exhibit 1-4 <strong>NARRBEGIN: Exhibit 1-4-1 Exhibit 1-4   NARREND According to the curve in Exhibit 1-4,</strong> A)if P = $8, then Q = 8 B)if P = $10, then Q = 10 C)Q increases as P increases D)Q decreases as P decreases E)there is a positive relation between Q and P <div style=padding-top: 35px> NARREND
According to the curve in Exhibit 1-4,

A)if P = $8, then Q = 8
B)if P = $10, then Q = 10
C)Q increases as P increases
D)Q decreases as P decreases
E)there is a positive relation between Q and P
Question
Any point on a graph represents a combination of particular values of two variables.
Question
NARRBEGIN: Exhibit 1-5
Exhibit 1-7 <strong>NARRBEGIN: Exhibit 1-5 Exhibit 1-7   NARREND The slope of the straight line in Exhibit 1-5 is</strong> A)greater at point a than at point b B)the same at points a and b C)zero because the line is straight D)negative because an inverse relation is shown E)positive because the line lies to the right of the y-axis <div style=padding-top: 35px> NARREND
The slope of the straight line in Exhibit 1-5 is

A)greater at point a than at point b
B)the same at points a and b
C)zero because the line is straight
D)negative because an inverse relation is shown
E)positive because the line lies to the right of the y-axis
Question
NARRBEGIN: Exhibit 1-6
Exhibit 1-8 <strong>NARRBEGIN: Exhibit 1-6 Exhibit 1-8   NARREND Ron weighs 150 pounds. A graph relating Ron's weight on the vertical axis to Nancy's consumption of ice cream on the horizontal axis would be</strong> A)a horizontal line at weight = 150 B)a horizontal line at weight = 0 C)a positively sloped line with decreasing slope D)a vertical line at weight = 150 E)the origin <div style=padding-top: 35px> NARREND
Ron weighs 150 pounds. A graph relating Ron's weight on the vertical axis to Nancy's consumption of ice cream on the horizontal axis would be

A)a horizontal line at weight = 150
B)a horizontal line at weight = 0
C)a positively sloped line with decreasing slope
D)a vertical line at weight = 150
E)the origin
Question
A downward-sloping straight line has a decreasing slope.
Question
NARRBEGIN: Exhibit 1-4-2
Exhibit 1-6 <strong>NARRBEGIN: Exhibit 1-4-2 Exhibit 1-6   NARREND Along the curve in Exhibit 1-4,</strong> A)if P = $6, then Q = 8 B)if Q = 10, then P = $4 C)the slope is equal to -1 D)Q increases as P increases E)there is a positive relationship between Q and P <div style=padding-top: 35px> NARREND
Along the curve in Exhibit 1-4,

A)if P = $6, then Q = 8
B)if Q = 10, then P = $4
C)the slope is equal to -1
D)Q increases as P increases
E)there is a positive relationship between Q and P
Question
NARRBEGIN: Exhibit 1-2-2
Exhibit 1-5 <strong>NARRBEGIN: Exhibit 1-2-2 Exhibit 1-5   NARREND In Exhibit 1-2, curve A has a __________ slope that is __________ at every point.</strong> A)positive; constant B)positive; changing C)negative; constant D)negative; changing E)changing; constant <div style=padding-top: 35px> NARREND
In Exhibit 1-2, curve A has a __________ slope that is __________ at every point.

A)positive; constant
B)positive; changing
C)negative; constant
D)negative; changing
E)changing; constant
Question
NARRBEGIN: Exhibit 1-6
Exhibit 1-8 <strong>NARRBEGIN: Exhibit 1-6 Exhibit 1-8   NARREND Suppose a graph with Ron's weight on the vertical axis and his consumption of ice cream on the horizontal axis indicated that for each serving of ice cream he ate, Ron would gain 3 pounds, regardless of how much ice cream he had already eaten. This graph would show a</strong> A)horizontal line at weight = 3 B)straight line with slope = 3 C)straight line with slope = 1/2 D)straight line with slope = -3 E)straight line with slope = -1/3 <div style=padding-top: 35px> NARREND
Suppose a graph with Ron's weight on the vertical axis and his consumption of ice cream on the horizontal axis indicated that for each serving of ice cream he ate, Ron would gain 3 pounds, regardless of how much ice cream he had already eaten. This graph would show a

A)horizontal line at weight = 3
B)straight line with slope = 3
C)straight line with slope = 1/2
D)straight line with slope = -3
E)straight line with slope = -1/3
Question
One economic application of the slope of a line is

A)measuring unlimited wants
B)behavioral analysis
C)marginal analysis
D)allocative efficiency
E)rational self-interest
Question
The slope of a horizontal straight line is infinity.
Question
NARRBEGIN: Exhibit 1-7
Exhibit 1-9
<strong>NARRBEGIN: Exhibit 1-7 Exhibit 1-9   NARREND Using the values in Exhibit 1-7, calculate the slope of a line graphed with x on the horizontal axis and y on the vertical axis.</strong> A)0.5 B)2 C)1.5 D)100 E)the slope cannot be determined without additional information <div style=padding-top: 35px> NARREND
Using the values in Exhibit 1-7, calculate the slope of a line graphed with x on the horizontal axis and y on the vertical axis.

A)0.5
B)2
C)1.5
D)100
E)the slope cannot be determined without additional information
Question
NARRBEGIN: Exhibit 1-6
Exhibit 1-8 <strong>NARRBEGIN: Exhibit 1-6 Exhibit 1-8   NARREND The slope of a horizontal line is</strong> A)infinitely large B)zero C)positive D)negative E)infinitely small <div style=padding-top: 35px> NARREND
The slope of a horizontal line is

A)infinitely large
B)zero
C)positive
D)negative
E)infinitely small
Question
On a graph, the origin represents

A)the dependent variable
B)the variable that is the primary source of causation
C)a caption or explanatory description of the symbols, colors, and measurements used on the graph
D)the point at which the values of both variables are zero
E)ancestry
Question
NARRBEGIN: Exhibit 1-4-2
Exhibit 1-6 <strong>NARRBEGIN: Exhibit 1-4-2 Exhibit 1-6   NARREND The slope of a line is defined as the</strong> A)change in the value of the variable on the vertical axis divided by the change in the value of the variable on the horizontal axis B)value of the variable on the horizontal axis divided by the value of the intercept on the vertical axis C)change in the value of the variable on the horizontal axis divided by the increase in the value of the variable on the vertical axis D)value of the variable on the vertical axis divided by the value of the variable on the horizontal axis E)change in the value of the variable on the vertical axis times the increase in the value of the variable on the horizontal axis <div style=padding-top: 35px> NARREND
The slope of a line is defined as the

A)change in the value of the variable on the vertical axis divided by the change in the value of the variable on the horizontal axis
B)value of the variable on the horizontal axis divided by the value of the intercept on the vertical axis
C)change in the value of the variable on the horizontal axis divided by the increase in the value of the variable on the vertical axis
D)value of the variable on the vertical axis divided by the value of the variable on the horizontal axis
E)change in the value of the variable on the vertical axis times the increase in the value of the variable on the horizontal axis
Question
NARRBEGIN: Exhibit 1-6
Exhibit 1-8 <strong>NARRBEGIN: Exhibit 1-6 Exhibit 1-8   NARREND The slope of a vertical line is</strong> A)infinitely large B)zero C)positive D)negative E)infinitely small <div style=padding-top: 35px> NARREND
The slope of a vertical line is

A)infinitely large
B)zero
C)positive
D)negative
E)infinitely small
Question
A graph is a

A)lengthy, inefficient, and inconvenient way to illustrate information
B)diagram illustrating a relationship between variables
C)method of proving causation
D)tool for incorporating all major and minor variables in one illustration
E)clear way to see how the fallacy of composition works
Question
NARRBEGIN: Exhibit 1-6
Exhibit 1-8 <strong>NARRBEGIN: Exhibit 1-6 Exhibit 1-8   NARREND The slope of the line in Exhibit 1-6 is</strong> A)0.1 B)1 C)10 D)-0.1 E)-10 <div style=padding-top: 35px> NARREND
The slope of the line in Exhibit 1-6 is

A)0.1
B)1
C)10
D)-0.1
E)-10
Question
The slope of a steep upward-sloping line is a smaller value than the slope of a nearly flat upward-sloping line.
Question
NARRBEGIN: Exhibit 1-7
Exhibit 1-9
NARRBEGIN: Exhibit 1-7 Exhibit 1-9   NARREND The numerical value of the slope of a line depends in part on the units of measurement used.<div style=padding-top: 35px> NARREND
The numerical value of the slope of a line depends in part on the units of measurement used.
Question
NARRBEGIN: Exhibit 1-2-2
Exhibit 1-5 <strong>NARRBEGIN: Exhibit 1-2-2 Exhibit 1-5   NARREND In Exhibit 1-2, curve B has a __________ slope that is __________ at every point.</strong> A)positive; constant B)positive; changing C)negative; constant D)negative; changing E)changing; constant <div style=padding-top: 35px> NARREND
In Exhibit 1-2, curve B has a __________ slope that is __________ at every point.

A)positive; constant
B)positive; changing
C)negative; constant
D)negative; changing
E)changing; constant
Question
The slope of a line

A)can only be calculated for straight lines
B)varies at different points along a straight line
C)indicates whether or not there is a causal relationship between variables
D)is independent of the units of measurement used
E)indicates how much the vertical variable changes for a given change in the horizontal variable
Question
The slope of a vertical straight line is infinity.
Question
NARRBEGIN: Exhibit 1-12
Exhibit 1-14 <strong>NARRBEGIN: Exhibit 1-12 Exhibit 1-14   NARREND Using Exhibit 1-12, calculate the slope of the curve where x equals 50.</strong> A)0 B)1 C)infinite D)-1 E)the slope cannot be determined because there is no tangent line <div style=padding-top: 35px> NARREND
Using Exhibit 1-12, calculate the slope of the curve where x equals 50.

A)0
B)1
C)infinite
D)-1
E)the slope cannot be determined because there is no tangent line
Question
The slope of an inverted U-shaped curve is infinity at the top of the curve.
Question
Suppose the cost of producing copper tubing is $1 per foot. If production costs were measured on the vertical axis and quantity of copper tubing were measured on the horizontal axis, which of the following lines would have the smallest slope?

A)a line representing the quantity of tubing measured in inches
B)a line representing the quantity of tubing measured in feet
C)a line representing the quantity of tubing measured in yards
D)the 45-degree line
E)any vertical line
Question
The slope of a U-shaped curve is infinity at the bottom of the U.
Question
A curved line may have a positive slope or a negative slope, but it cannot have both positive and negative areas of slope.
Question
If slope = -2 for a line on a graph with x on the horizontal axis and y on the vertical axis, then if

A)x increases by 4, y increases by 8
B)x increases by 4, y increases by 2
C)y increases by 4, x increases by 8
D)x = 4, y = 8
E)x increases by 4, y decreases by 8
Question
NARRBEGIN: Exhibit 1-10
Exhibit 1-12 <strong>NARRBEGIN: Exhibit 1-10 Exhibit 1-12   NARREND A tangent line is a straight line</strong> A)that intersects a curved line twice B)with a slope equal to infinity C)that touches a curved line at only one point D)that intersects a curved line at several points E)that runs along the vertical axis <div style=padding-top: 35px> NARREND
A tangent line is a straight line

A)that intersects a curved line twice
B)with a slope equal to infinity
C)that touches a curved line at only one point
D)that intersects a curved line at several points
E)that runs along the vertical axis
Question
NARRBEGIN: Exhibit 1-9
Exhibit 1-11 <strong>NARRBEGIN: Exhibit 1-9 Exhibit 1-11   NARREND In Exhibit 1-9, the slope of the line is</strong> A)negative for all values of x B)positive for all values of x C)never zero D)first negative, then positive as x increases E)first rising, then falling as x increases <div style=padding-top: 35px> NARREND
In Exhibit 1-9, the slope of the line is

A)negative for all values of x
B)positive for all values of x
C)never zero
D)first negative, then positive as x increases
E)first rising, then falling as x increases
Question
NARRBEGIN: Exhibit 1-12
Exhibit 1-14 <strong>NARRBEGIN: Exhibit 1-12 Exhibit 1-14   NARREND The part of a graph that is most applicable to marginal analysis is the</strong> A)origin B)slope C)horizontal axis D)dependent variable E)inverse relation <div style=padding-top: 35px> NARREND
The part of a graph that is most applicable to marginal analysis is the

A)origin
B)slope
C)horizontal axis
D)dependent variable
E)inverse relation
Question
Moderate exercise is better than none, but excessive exercise is harmful. What is the shape of the graph of health benefits versus hours of exercise per week if health benefits are measured on the vertical axis and exercise is measured on the horizontal axis?

A)a positively sloped straight line
B)a negatively sloped straight line
C)a vertical straight line
D)a U-shaped curve
E)a hill-shaped curve
Question
NARRBEGIN: Exhibit 1-8
Exhibit 1-10 <strong>NARRBEGIN: Exhibit 1-8 Exhibit 1-10   NARREND In Exhibit 1-8, the slope of the line is</strong> A)negative for all values of x B)positive for all values of x C)zero at x = 7 D)first negative, then positive as x increases E)negative for all values of y <div style=padding-top: 35px> NARREND
In Exhibit 1-8, the slope of the line is

A)negative for all values of x
B)positive for all values of x
C)zero at x = 7
D)first negative, then positive as x increases
E)negative for all values of y
Question
If slope = 2 for a line on a graph with x on the horizontal axis and y on the vertical axis, then if

A)x decreases by 4, y decreases by 8
B)x = -4, then y = -2
C)y decreases by 4, x decreases by 8
D)x = -4, y = -8
E)x increases by 4, y decreases by 8
Question
A U-shaped curve has a positive slope everywhere.
Question
A straight line tangent to a curved line at a point

A)crosses the curved line at that point
B)crosses the curved line at many points
C)has the same slope as the curved line at that point
D)is steeper than the curve at all other points
E)has a smaller slope than all other points on the curve
Question
NARRBEGIN: Exhibit 1-11
Exhibit 1-13 <strong>NARRBEGIN: Exhibit 1-11 Exhibit 1-13   NARREND Compare the slopes of the tangents at points a and b in Exhibit 1-11. Which of the following statements is true?</strong> A) The slope at a is positive, and the slope at b is negative. B) The slope at a is negative, and the slope at b is positive. C) The slope is positive at both a and b. D) The slope is negative at both a and b. E) The slope at a is equal to the slope at b. <div style=padding-top: 35px> NARREND
Compare the slopes of the tangents at points a and b in Exhibit 1-11. Which of the following statements is true?

A) The slope at a is positive, and the slope at b is negative.
B) The slope at a is negative, and the slope at b is positive.
C) The slope is positive at both a and b.
D) The slope is negative at both a and b.
E) The slope at a is equal to the slope at b.
Question
NARRBEGIN: Exhibit 1-12
Exhibit 1-14 <strong>NARRBEGIN: Exhibit 1-12 Exhibit 1-14   NARREND Most economics graphs reflect the relationship between how many economic variables?</strong> A)three B)two C)four D)thirty E)twenty <div style=padding-top: 35px> NARREND
Most economics graphs reflect the relationship between how many economic variables?

A)three
B)two
C)four
D)thirty
E)twenty
Question
A line is tangent to a curve if it

A)crosses the curve at one point
B)touches the curve at one point, without crossing it
C)crosses the curve at a minimum of two points
D)never touches the curve
E)forms a right triangle with the curve
Question
NARRBEGIN: Exhibit 1-12
Exhibit 1-14 <strong>NARRBEGIN: Exhibit 1-12 Exhibit 1-14   NARREND A line on a graph will shift if</strong> 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 <div style=padding-top: 35px> NARREND
A line on a graph will shift if

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
NARRBEGIN: Exhibit 1-10
Exhibit 1-12 <strong>NARRBEGIN: Exhibit 1-10 Exhibit 1-12   NARREND The slope of the line in Exhibit 1-10 is</strong> A)positive and constant B)positive and increasing C)positive and decreasing D)negative and increasing E)negative and decreasing <div style=padding-top: 35px> NARREND
The slope of the line in Exhibit 1-10 is

A)positive and constant
B)positive and increasing
C)positive and decreasing
D)negative and increasing
E)negative and decreasing
Question
NARRBEGIN: Exhibit 1-13
Exhibit 1-15 <strong>NARRBEGIN: Exhibit 1-13 Exhibit 1-15   NARREND Refer to Exhibit 1-13. The reason that Line (a) would shift to the position of Line (b) is</strong> A)a change in quantity B)a change in price C)a change in an assumption about the relationship between the two variables observed D)a change from a positive relation to a negative relation E)a change from a negative relation to a positive relation <div style=padding-top: 35px> NARREND
Refer to Exhibit 1-13. The reason that Line (a) would shift to the position of Line (b) is

A)a change in quantity
B)a change in price
C)a change in an assumption about the relationship between the two variables observed
D)a change from a positive relation to a negative relation
E)a change from a negative relation to a positive relation
Question
NARRBEGIN: Exhibit 1-14
Exhibit 1-16 <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates an inverse or negative relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates an inverse or negative relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates an inverse or negative relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates an inverse or negative relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates an inverse or negative relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> NARREND
Refer to exhibit 1-16. Which of the graphs illustrates an inverse or negative relationship between variable X and variable Y?

A)a
B)b
C)c
D)d
E)e
Question
NARRBEGIN: Exhibit 1-14
Exhibit 1-16 <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a positive relationship between variable X and variable Y initially but then a negative relationship?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a positive relationship between variable X and variable Y initially but then a negative relationship?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a positive relationship between variable X and variable Y initially but then a negative relationship?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a positive relationship between variable X and variable Y initially but then a negative relationship?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a positive relationship between variable X and variable Y initially but then a negative relationship?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> NARREND
Refer to Exhibit 1-16. Which graph illustrates a positive relationship between variable X and variable Y initially but then a negative relationship?

A)a
B)b
C)c
D)d
E)e
Question
NARRBEGIN: Exhibit 1-14
Exhibit 1-16 <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a negative relationship between variable X and variable Y initially but then a positive relationship?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a negative relationship between variable X and variable Y initially but then a positive relationship?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a negative relationship between variable X and variable Y initially but then a positive relationship?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a negative relationship between variable X and variable Y initially but then a positive relationship?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a negative relationship between variable X and variable Y initially but then a positive relationship?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> NARREND
Refer to Exhibit 1-16. Which graph illustrates a negative relationship between variable X and variable Y initially but then a positive relationship?

A)a
B)b
C)c
D)d
E)e
Question
NARRBEGIN: Exhibit 1-14
Exhibit 1-16 <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates a direct or positive relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates a direct or positive relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates a direct or positive relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates a direct or positive relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates a direct or positive relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> NARREND
Refer to exhibit 1-16. Which of the graphs illustrates a direct or positive relationship between variable X and variable Y?

A)a
B)b
C)c
D)d
E)e
Question
NARRBEGIN: Exhibit 1-14
Exhibit 1-16 <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates no relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates no relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates no relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates no relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates no relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <div style=padding-top: 35px> NARREND
Refer to exhibit 1-16. Which of the graphs illustrates no relationship between variable X and variable Y?

A)a
B)b
C)c
D)d
E)e
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Deck 22:Understanding Graphs
1
If x causes y, then

A)x and y are inversely related
B)y is a dependent variable
C)other variables don't matter
D)y must, in turn, cause x
E)x and y are always in a direct relation to each other
B
2
NARRBEGIN: Exhibit 1-2-1
Exhibit 1-2 <strong>NARRBEGIN: Exhibit 1-2-1 Exhibit 1-2   NARREND In Exhibit 1-2, at x = 12, the</strong> A)value of y is larger on curve A than on curve B B)value of y is smaller on curve A than on curve B C)value of y is the same on curve A as on curve B D)slope of line A is negative E)slope of line B is positive NARREND
In Exhibit 1-2, at x = 12, the

A)value of y is larger on curve A than on curve B
B)value of y is smaller on curve A than on curve B
C)value of y is the same on curve A as on curve B
D)slope of line A is negative
E)slope of line B is positive
A
3
Point a in Exhibit 1-1 represents

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
B
4
If the dependent variable Y is directly related to the independent variable X, this means that changes in X cause changes in Y.
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5
Point b in Exhibit 1-1 represents

A)x = 30, y = 60
B)x = 60, y = 30
C)x + y = 60
D)x + y = 30
E)b = 90
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6
The statement that there is a direct relation between x and y means that

A)x and y move in the same direction
B)x causes y
C)y causes x
D)either y causes x or x causes y
E)the causal connection between x and y is immediate
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7
NARRBEGIN: Exhibit 1-2-1
Exhibit 1-2 <strong>NARRBEGIN: Exhibit 1-2-1 Exhibit 1-2   NARREND In Exhibit 1-2, at x = 10, the</strong> A)value of y is larger on curve A than on curve B B)value of y is smaller on curve A than on curve B C)value of y is the same on curve A as on curve B D)slope of line A is negative E)slope of line B is positive NARREND
In Exhibit 1-2, at x = 10, the

A)value of y is larger on curve A than on curve B
B)value of y is smaller on curve A than on curve B
C)value of y is the same on curve A as on curve B
D)slope of line A is negative
E)slope of line B is positive
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8
In Exhibit 1-1, point c represents

A)x = 30, y = 60
B)x = 60, y = 30
C)c = 90
D)x + y = 60
E)x + y = 30
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9
NARRBEGIN: Exhibit 1-2-1
Exhibit 1-2 <strong>NARRBEGIN: Exhibit 1-2-1 Exhibit 1-2   NARREND In Exhibit 1-2, at y = 10, the</strong> A)value of x is larger on curve A than on curve B B)value of x is smaller on curve A than on curve B C)value of x is the same on curve A as on curve B D)slope of line A is negative E)slope of line B is positive NARREND
In Exhibit 1-2, at y = 10, the

A)value of x is larger on curve A than on curve B
B)value of x is smaller on curve A than on curve B
C)value of x is the same on curve A as on curve B
D)slope of line A is negative
E)slope of line B is positive
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10
NARRBEGIN: Exhibit 1-2-1
Exhibit 1-2 <strong>NARRBEGIN: Exhibit 1-2-1 Exhibit 1-2   NARREND In Exhibit 1-2, at y = 14, the</strong> A)value of x is larger on curve A than on curve B B)value of x is smaller on curve A than on curve B C)value of x is the same on curve A as on curve B D)slope of line A is negative E)slope of line B is positive NARREND
In Exhibit 1-2, at y = 14, the

A)value of x is larger on curve A than on curve B
B)value of x is smaller on curve A than on curve B
C)value of x is the same on curve A as on curve B
D)slope of line A is negative
E)slope of line B is positive
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11
The statement that there is an inverse relationship between x and y means that

A)x causes y
B)y causes x
C)x and y move in opposite directions
D)either y causes x or x causes y
E)there is no causal relationship between x and y
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12
If a given value of x is associated with a particular value of y,

A)then x causes y
B)then y causes x
C)then x and y must be logically connected
D)there are no other variables that affect the value of y
E)there may be no causal relationship between x and y
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13
NARRBEGIN: Exhibit 1-2-1
Exhibit 1-2 <strong>NARRBEGIN: Exhibit 1-2-1 Exhibit 1-2   NARREND In Exhibit 1-2, at x = 8, the</strong> A)value of y is larger on curve A than on curve B B)value of y is smaller on curve A than on curve B C)value of y is the same on curve A as on curve B D)slope of line A is negative E)slope of line B is positive NARREND
In Exhibit 1-2, at x = 8, the

A)value of y is larger on curve A than on curve B
B)value of y is smaller on curve A than on curve B
C)value of y is the same on curve A as on curve B
D)slope of line A is negative
E)slope of line B is positive
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14
Suppose y is measured on the vertical axis, x is on the horizontal axis, and the various combinations of x and y are shown by a nonvertical straight line. Which of the following must be true?

A)There is a negative relation between x and y.
B)There is a positive relation between x and y.
C)There is a causal relation between x and y.
D)If the value of x is known, the value of y can be determined.
E)The value of y is independent of the value of x.
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15
NARRBEGIN: Exhibit 1-4-1
Exhibit 1-4 <strong>NARRBEGIN: Exhibit 1-4-1 Exhibit 1-4   NARREND Which of the following must be true of line D in Exhibit 1-4?</strong> A)A decrease in P is associated with a decrease in Q. B)An increase in P is associated with an increase in Q. C)There is no relation between P and Q. D)There is an inverse relationship between P and Q. E)There is a direct relationship between P and Q. NARREND
Which of the following must be true of line D in Exhibit 1-4?

A)A decrease in P is associated with a decrease in Q.
B)An increase in P is associated with an increase in Q.
C)There is no relation between P and Q.
D)There is an inverse relationship between P and Q.
E)There is a direct relationship between P and Q.
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16
A functional relationship exists between two variables if the value of one variable depends on the value of the other variable.
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17
NARRBEGIN: Exhibit 1-3
Exhibit 1-3 <strong>NARRBEGIN: Exhibit 1-3 Exhibit 1-3   NARREND In Exhibit 1-3, for any value of x, the</strong> A)value of y is larger on curve A than on curve B B)value of y is smaller on curve A than on curve B C)value of y is the same on curve A as on curve B D)slope of line A is increasing E)slope of line B is negative NARREND
In Exhibit 1-3, for any value of x, the

A)value of y is larger on curve A than on curve B
B)value of y is smaller on curve A than on curve B
C)value of y is the same on curve A as on curve B
D)slope of line A is increasing
E)slope of line B is negative
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18
On a graph with x on the horizontal axis and y on the vertical axis, the origin is

A)the point where x = 0 and y = 0
B)any point where x = 0
C)any point where y = 0
D)where a curve intersects the vertical axis
E)where a curve intersects the horizontal axis
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19
NARRBEGIN: Exhibit 1-4-1
Exhibit 1-4 <strong>NARRBEGIN: Exhibit 1-4-1 Exhibit 1-4   NARREND According to the curve in Exhibit 1-4,</strong> A)if P = $8, then Q = 8 B)if P = $10, then Q = 10 C)Q increases as P increases D)Q decreases as P decreases E)there is a positive relation between Q and P NARREND
According to the curve in Exhibit 1-4,

A)if P = $8, then Q = 8
B)if P = $10, then Q = 10
C)Q increases as P increases
D)Q decreases as P decreases
E)there is a positive relation between Q and P
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20
Any point on a graph represents a combination of particular values of two variables.
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21
NARRBEGIN: Exhibit 1-5
Exhibit 1-7 <strong>NARRBEGIN: Exhibit 1-5 Exhibit 1-7   NARREND The slope of the straight line in Exhibit 1-5 is</strong> A)greater at point a than at point b B)the same at points a and b C)zero because the line is straight D)negative because an inverse relation is shown E)positive because the line lies to the right of the y-axis NARREND
The slope of the straight line in Exhibit 1-5 is

A)greater at point a than at point b
B)the same at points a and b
C)zero because the line is straight
D)negative because an inverse relation is shown
E)positive because the line lies to the right of the y-axis
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22
NARRBEGIN: Exhibit 1-6
Exhibit 1-8 <strong>NARRBEGIN: Exhibit 1-6 Exhibit 1-8   NARREND Ron weighs 150 pounds. A graph relating Ron's weight on the vertical axis to Nancy's consumption of ice cream on the horizontal axis would be</strong> A)a horizontal line at weight = 150 B)a horizontal line at weight = 0 C)a positively sloped line with decreasing slope D)a vertical line at weight = 150 E)the origin NARREND
Ron weighs 150 pounds. A graph relating Ron's weight on the vertical axis to Nancy's consumption of ice cream on the horizontal axis would be

A)a horizontal line at weight = 150
B)a horizontal line at weight = 0
C)a positively sloped line with decreasing slope
D)a vertical line at weight = 150
E)the origin
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23
A downward-sloping straight line has a decreasing slope.
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24
NARRBEGIN: Exhibit 1-4-2
Exhibit 1-6 <strong>NARRBEGIN: Exhibit 1-4-2 Exhibit 1-6   NARREND Along the curve in Exhibit 1-4,</strong> A)if P = $6, then Q = 8 B)if Q = 10, then P = $4 C)the slope is equal to -1 D)Q increases as P increases E)there is a positive relationship between Q and P NARREND
Along the curve in Exhibit 1-4,

A)if P = $6, then Q = 8
B)if Q = 10, then P = $4
C)the slope is equal to -1
D)Q increases as P increases
E)there is a positive relationship between Q and P
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25
NARRBEGIN: Exhibit 1-2-2
Exhibit 1-5 <strong>NARRBEGIN: Exhibit 1-2-2 Exhibit 1-5   NARREND In Exhibit 1-2, curve A has a __________ slope that is __________ at every point.</strong> A)positive; constant B)positive; changing C)negative; constant D)negative; changing E)changing; constant NARREND
In Exhibit 1-2, curve A has a __________ slope that is __________ at every point.

A)positive; constant
B)positive; changing
C)negative; constant
D)negative; changing
E)changing; constant
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26
NARRBEGIN: Exhibit 1-6
Exhibit 1-8 <strong>NARRBEGIN: Exhibit 1-6 Exhibit 1-8   NARREND Suppose a graph with Ron's weight on the vertical axis and his consumption of ice cream on the horizontal axis indicated that for each serving of ice cream he ate, Ron would gain 3 pounds, regardless of how much ice cream he had already eaten. This graph would show a</strong> A)horizontal line at weight = 3 B)straight line with slope = 3 C)straight line with slope = 1/2 D)straight line with slope = -3 E)straight line with slope = -1/3 NARREND
Suppose a graph with Ron's weight on the vertical axis and his consumption of ice cream on the horizontal axis indicated that for each serving of ice cream he ate, Ron would gain 3 pounds, regardless of how much ice cream he had already eaten. This graph would show a

A)horizontal line at weight = 3
B)straight line with slope = 3
C)straight line with slope = 1/2
D)straight line with slope = -3
E)straight line with slope = -1/3
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27
One economic application of the slope of a line is

A)measuring unlimited wants
B)behavioral analysis
C)marginal analysis
D)allocative efficiency
E)rational self-interest
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28
The slope of a horizontal straight line is infinity.
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29
NARRBEGIN: Exhibit 1-7
Exhibit 1-9
<strong>NARRBEGIN: Exhibit 1-7 Exhibit 1-9   NARREND Using the values in Exhibit 1-7, calculate the slope of a line graphed with x on the horizontal axis and y on the vertical axis.</strong> A)0.5 B)2 C)1.5 D)100 E)the slope cannot be determined without additional information NARREND
Using the values in Exhibit 1-7, calculate the slope of a line graphed with x on the horizontal axis and y on the vertical axis.

A)0.5
B)2
C)1.5
D)100
E)the slope cannot be determined without additional information
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30
NARRBEGIN: Exhibit 1-6
Exhibit 1-8 <strong>NARRBEGIN: Exhibit 1-6 Exhibit 1-8   NARREND The slope of a horizontal line is</strong> A)infinitely large B)zero C)positive D)negative E)infinitely small NARREND
The slope of a horizontal line is

A)infinitely large
B)zero
C)positive
D)negative
E)infinitely small
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31
On a graph, the origin represents

A)the dependent variable
B)the variable that is the primary source of causation
C)a caption or explanatory description of the symbols, colors, and measurements used on the graph
D)the point at which the values of both variables are zero
E)ancestry
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32
NARRBEGIN: Exhibit 1-4-2
Exhibit 1-6 <strong>NARRBEGIN: Exhibit 1-4-2 Exhibit 1-6   NARREND The slope of a line is defined as the</strong> A)change in the value of the variable on the vertical axis divided by the change in the value of the variable on the horizontal axis B)value of the variable on the horizontal axis divided by the value of the intercept on the vertical axis C)change in the value of the variable on the horizontal axis divided by the increase in the value of the variable on the vertical axis D)value of the variable on the vertical axis divided by the value of the variable on the horizontal axis E)change in the value of the variable on the vertical axis times the increase in the value of the variable on the horizontal axis NARREND
The slope of a line is defined as the

A)change in the value of the variable on the vertical axis divided by the change in the value of the variable on the horizontal axis
B)value of the variable on the horizontal axis divided by the value of the intercept on the vertical axis
C)change in the value of the variable on the horizontal axis divided by the increase in the value of the variable on the vertical axis
D)value of the variable on the vertical axis divided by the value of the variable on the horizontal axis
E)change in the value of the variable on the vertical axis times the increase in the value of the variable on the horizontal axis
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33
NARRBEGIN: Exhibit 1-6
Exhibit 1-8 <strong>NARRBEGIN: Exhibit 1-6 Exhibit 1-8   NARREND The slope of a vertical line is</strong> A)infinitely large B)zero C)positive D)negative E)infinitely small NARREND
The slope of a vertical line is

A)infinitely large
B)zero
C)positive
D)negative
E)infinitely small
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34
A graph is a

A)lengthy, inefficient, and inconvenient way to illustrate information
B)diagram illustrating a relationship between variables
C)method of proving causation
D)tool for incorporating all major and minor variables in one illustration
E)clear way to see how the fallacy of composition works
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35
NARRBEGIN: Exhibit 1-6
Exhibit 1-8 <strong>NARRBEGIN: Exhibit 1-6 Exhibit 1-8   NARREND The slope of the line in Exhibit 1-6 is</strong> A)0.1 B)1 C)10 D)-0.1 E)-10 NARREND
The slope of the line in Exhibit 1-6 is

A)0.1
B)1
C)10
D)-0.1
E)-10
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36
The slope of a steep upward-sloping line is a smaller value than the slope of a nearly flat upward-sloping line.
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37
NARRBEGIN: Exhibit 1-7
Exhibit 1-9
NARRBEGIN: Exhibit 1-7 Exhibit 1-9   NARREND The numerical value of the slope of a line depends in part on the units of measurement used. NARREND
The numerical value of the slope of a line depends in part on the units of measurement used.
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38
NARRBEGIN: Exhibit 1-2-2
Exhibit 1-5 <strong>NARRBEGIN: Exhibit 1-2-2 Exhibit 1-5   NARREND In Exhibit 1-2, curve B has a __________ slope that is __________ at every point.</strong> A)positive; constant B)positive; changing C)negative; constant D)negative; changing E)changing; constant NARREND
In Exhibit 1-2, curve B has a __________ slope that is __________ at every point.

A)positive; constant
B)positive; changing
C)negative; constant
D)negative; changing
E)changing; constant
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39
The slope of a line

A)can only be calculated for straight lines
B)varies at different points along a straight line
C)indicates whether or not there is a causal relationship between variables
D)is independent of the units of measurement used
E)indicates how much the vertical variable changes for a given change in the horizontal variable
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40
The slope of a vertical straight line is infinity.
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41
NARRBEGIN: Exhibit 1-12
Exhibit 1-14 <strong>NARRBEGIN: Exhibit 1-12 Exhibit 1-14   NARREND Using Exhibit 1-12, calculate the slope of the curve where x equals 50.</strong> A)0 B)1 C)infinite D)-1 E)the slope cannot be determined because there is no tangent line NARREND
Using Exhibit 1-12, calculate the slope of the curve where x equals 50.

A)0
B)1
C)infinite
D)-1
E)the slope cannot be determined because there is no tangent line
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42
The slope of an inverted U-shaped curve is infinity at the top of the curve.
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43
Suppose the cost of producing copper tubing is $1 per foot. If production costs were measured on the vertical axis and quantity of copper tubing were measured on the horizontal axis, which of the following lines would have the smallest slope?

A)a line representing the quantity of tubing measured in inches
B)a line representing the quantity of tubing measured in feet
C)a line representing the quantity of tubing measured in yards
D)the 45-degree line
E)any vertical line
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44
The slope of a U-shaped curve is infinity at the bottom of the U.
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45
A curved line may have a positive slope or a negative slope, but it cannot have both positive and negative areas of slope.
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46
If slope = -2 for a line on a graph with x on the horizontal axis and y on the vertical axis, then if

A)x increases by 4, y increases by 8
B)x increases by 4, y increases by 2
C)y increases by 4, x increases by 8
D)x = 4, y = 8
E)x increases by 4, y decreases by 8
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47
NARRBEGIN: Exhibit 1-10
Exhibit 1-12 <strong>NARRBEGIN: Exhibit 1-10 Exhibit 1-12   NARREND A tangent line is a straight line</strong> A)that intersects a curved line twice B)with a slope equal to infinity C)that touches a curved line at only one point D)that intersects a curved line at several points E)that runs along the vertical axis NARREND
A tangent line is a straight line

A)that intersects a curved line twice
B)with a slope equal to infinity
C)that touches a curved line at only one point
D)that intersects a curved line at several points
E)that runs along the vertical axis
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48
NARRBEGIN: Exhibit 1-9
Exhibit 1-11 <strong>NARRBEGIN: Exhibit 1-9 Exhibit 1-11   NARREND In Exhibit 1-9, the slope of the line is</strong> A)negative for all values of x B)positive for all values of x C)never zero D)first negative, then positive as x increases E)first rising, then falling as x increases NARREND
In Exhibit 1-9, the slope of the line is

A)negative for all values of x
B)positive for all values of x
C)never zero
D)first negative, then positive as x increases
E)first rising, then falling as x increases
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49
NARRBEGIN: Exhibit 1-12
Exhibit 1-14 <strong>NARRBEGIN: Exhibit 1-12 Exhibit 1-14   NARREND The part of a graph that is most applicable to marginal analysis is the</strong> A)origin B)slope C)horizontal axis D)dependent variable E)inverse relation NARREND
The part of a graph that is most applicable to marginal analysis is the

A)origin
B)slope
C)horizontal axis
D)dependent variable
E)inverse relation
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50
Moderate exercise is better than none, but excessive exercise is harmful. What is the shape of the graph of health benefits versus hours of exercise per week if health benefits are measured on the vertical axis and exercise is measured on the horizontal axis?

A)a positively sloped straight line
B)a negatively sloped straight line
C)a vertical straight line
D)a U-shaped curve
E)a hill-shaped curve
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51
NARRBEGIN: Exhibit 1-8
Exhibit 1-10 <strong>NARRBEGIN: Exhibit 1-8 Exhibit 1-10   NARREND In Exhibit 1-8, the slope of the line is</strong> A)negative for all values of x B)positive for all values of x C)zero at x = 7 D)first negative, then positive as x increases E)negative for all values of y NARREND
In Exhibit 1-8, the slope of the line is

A)negative for all values of x
B)positive for all values of x
C)zero at x = 7
D)first negative, then positive as x increases
E)negative for all values of y
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52
If slope = 2 for a line on a graph with x on the horizontal axis and y on the vertical axis, then if

A)x decreases by 4, y decreases by 8
B)x = -4, then y = -2
C)y decreases by 4, x decreases by 8
D)x = -4, y = -8
E)x increases by 4, y decreases by 8
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53
A U-shaped curve has a positive slope everywhere.
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54
A straight line tangent to a curved line at a point

A)crosses the curved line at that point
B)crosses the curved line at many points
C)has the same slope as the curved line at that point
D)is steeper than the curve at all other points
E)has a smaller slope than all other points on the curve
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55
NARRBEGIN: Exhibit 1-11
Exhibit 1-13 <strong>NARRBEGIN: Exhibit 1-11 Exhibit 1-13   NARREND Compare the slopes of the tangents at points a and b in Exhibit 1-11. Which of the following statements is true?</strong> A) The slope at a is positive, and the slope at b is negative. B) The slope at a is negative, and the slope at b is positive. C) The slope is positive at both a and b. D) The slope is negative at both a and b. E) The slope at a is equal to the slope at b. NARREND
Compare the slopes of the tangents at points a and b in Exhibit 1-11. Which of the following statements is true?

A) The slope at a is positive, and the slope at b is negative.
B) The slope at a is negative, and the slope at b is positive.
C) The slope is positive at both a and b.
D) The slope is negative at both a and b.
E) The slope at a is equal to the slope at b.
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56
NARRBEGIN: Exhibit 1-12
Exhibit 1-14 <strong>NARRBEGIN: Exhibit 1-12 Exhibit 1-14   NARREND Most economics graphs reflect the relationship between how many economic variables?</strong> A)three B)two C)four D)thirty E)twenty NARREND
Most economics graphs reflect the relationship between how many economic variables?

A)three
B)two
C)four
D)thirty
E)twenty
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57
A line is tangent to a curve if it

A)crosses the curve at one point
B)touches the curve at one point, without crossing it
C)crosses the curve at a minimum of two points
D)never touches the curve
E)forms a right triangle with the curve
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58
NARRBEGIN: Exhibit 1-12
Exhibit 1-14 <strong>NARRBEGIN: Exhibit 1-12 Exhibit 1-14   NARREND A line on a graph will shift if</strong> 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 NARREND
A line on a graph will shift if

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
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59
NARRBEGIN: Exhibit 1-10
Exhibit 1-12 <strong>NARRBEGIN: Exhibit 1-10 Exhibit 1-12   NARREND The slope of the line in Exhibit 1-10 is</strong> A)positive and constant B)positive and increasing C)positive and decreasing D)negative and increasing E)negative and decreasing NARREND
The slope of the line in Exhibit 1-10 is

A)positive and constant
B)positive and increasing
C)positive and decreasing
D)negative and increasing
E)negative and decreasing
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60
NARRBEGIN: Exhibit 1-13
Exhibit 1-15 <strong>NARRBEGIN: Exhibit 1-13 Exhibit 1-15   NARREND Refer to Exhibit 1-13. The reason that Line (a) would shift to the position of Line (b) is</strong> A)a change in quantity B)a change in price C)a change in an assumption about the relationship between the two variables observed D)a change from a positive relation to a negative relation E)a change from a negative relation to a positive relation NARREND
Refer to Exhibit 1-13. The reason that Line (a) would shift to the position of Line (b) is

A)a change in quantity
B)a change in price
C)a change in an assumption about the relationship between the two variables observed
D)a change from a positive relation to a negative relation
E)a change from a negative relation to a positive relation
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61
NARRBEGIN: Exhibit 1-14
Exhibit 1-16 <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates an inverse or negative relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates an inverse or negative relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates an inverse or negative relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates an inverse or negative relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates an inverse or negative relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e NARREND
Refer to exhibit 1-16. Which of the graphs illustrates an inverse or negative relationship between variable X and variable Y?

A)a
B)b
C)c
D)d
E)e
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62
NARRBEGIN: Exhibit 1-14
Exhibit 1-16 <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a positive relationship between variable X and variable Y initially but then a negative relationship?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a positive relationship between variable X and variable Y initially but then a negative relationship?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a positive relationship between variable X and variable Y initially but then a negative relationship?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a positive relationship between variable X and variable Y initially but then a negative relationship?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a positive relationship between variable X and variable Y initially but then a negative relationship?</strong> A)a B)b C)c D)d E)e NARREND
Refer to Exhibit 1-16. Which graph illustrates a positive relationship between variable X and variable Y initially but then a negative relationship?

A)a
B)b
C)c
D)d
E)e
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63
NARRBEGIN: Exhibit 1-14
Exhibit 1-16 <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a negative relationship between variable X and variable Y initially but then a positive relationship?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a negative relationship between variable X and variable Y initially but then a positive relationship?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a negative relationship between variable X and variable Y initially but then a positive relationship?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a negative relationship between variable X and variable Y initially but then a positive relationship?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to Exhibit 1-16. Which graph illustrates a negative relationship between variable X and variable Y initially but then a positive relationship?</strong> A)a B)b C)c D)d E)e NARREND
Refer to Exhibit 1-16. Which graph illustrates a negative relationship between variable X and variable Y initially but then a positive relationship?

A)a
B)b
C)c
D)d
E)e
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64
NARRBEGIN: Exhibit 1-14
Exhibit 1-16 <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates a direct or positive relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates a direct or positive relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates a direct or positive relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates a direct or positive relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates a direct or positive relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e NARREND
Refer to exhibit 1-16. Which of the graphs illustrates a direct or positive relationship between variable X and variable Y?

A)a
B)b
C)c
D)d
E)e
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65
NARRBEGIN: Exhibit 1-14
Exhibit 1-16 <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates no relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates no relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates no relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates no relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e <strong>NARRBEGIN: Exhibit 1-14 Exhibit 1-16           NARREND Refer to exhibit 1-16. Which of the graphs illustrates no relationship between variable X and variable Y?</strong> A)a B)b C)c D)d E)e NARREND
Refer to exhibit 1-16. Which of the graphs illustrates no relationship between variable X and variable Y?

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