Survey Of Economics
Survey Of Economics
10th Edition
ISBN: 9781337111522
Author: Tucker, Irvin B.
Publisher: Cengage,
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Chapter 1.A, Problem 14SQ
To determine

Implication of the straight line AB in the exhibit.

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If a change in variable X causes a change in variable Y, variable Xis called the Select one: a. independent variable b. dependent variable c. explanatory variable d. B and C
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The predicted value of Y is... a. The value that y takes on when X equal 0 b. The effect that a one unit change in dependent variable is expected to have on the independent variable, holding all else constant c. The value of Y when the slope is multiplied a specific X and then that value is added to the intercept d. The observed value of the dependent variable that is associated with a specific value of the independent variable.
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