Positive slope and negative slope.

Question

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Answer 1

Question

Chapter A, Problem 1Q

To determine

Positive slope and negative slope.

Expert Solution & Answer

Explanation of Solution

Graphs B and D have positive slopes. This is because in graph B, long-term unemployment increases as the rigidity of employment index increases, and in graph D, the supply curve of oil shows an increase in the quantity supplied of oil with increase in price.

Graphs A and C have negative slopes. This is because graph A shows the demand curve of oil, which shows decrease in the quantity demanded of oil with increase in price. In graph C, GDP decreases as the percentage of child labor force increases.

Economics Concept Introduction

Concept Introduction:

Slope: A slope is the value that makes a variation in the dependent variable by making one unit change in the independent value.

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Answer 2

Question

Chapter A, Problem 1Q

To determine

Positive slope and negative slope.

Expert Solution & Answer

Explanation of Solution

Graphs B and D have positive slopes. This is because in graph B, long-term unemployment increases as the rigidity of employment index increases, and in graph D, the supply curve of oil shows an increase in the quantity supplied of oil with increase in price.

Graphs A and C have negative slopes. This is because graph A shows the demand curve of oil, which shows decrease in the quantity demanded of oil with increase in price. In graph C, GDP decreases as the percentage of child labor force increases.

Economics Concept Introduction

Concept Introduction:

Slope: A slope is the value that makes a variation in the dependent variable by making one unit change in the independent value.

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Answer 3

Question

Chapter A, Problem 1Q

To determine

Positive slope and negative slope.

Expert Solution & Answer

Explanation of Solution

Graphs B and D have positive slopes. This is because in graph B, long-term unemployment increases as the rigidity of employment index increases, and in graph D, the supply curve of oil shows an increase in the quantity supplied of oil with increase in price.

Graphs A and C have negative slopes. This is because graph A shows the demand curve of oil, which shows decrease in the quantity demanded of oil with increase in price. In graph C, GDP decreases as the percentage of child labor force increases.

Economics Concept Introduction

Concept Introduction:

Slope: A slope is the value that makes a variation in the dependent variable by making one unit change in the independent value.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter A, Problem 1Q

To determine

Positive slope and negative slope.

Expert Solution & Answer

Explanation of Solution

Graphs B and D have positive slopes. This is because in graph B, long-term unemployment increases as the rigidity of employment index increases, and in graph D, the supply curve of oil shows an increase in the quantity supplied of oil with increase in price.

Graphs A and C have negative slopes. This is because graph A shows the demand curve of oil, which shows decrease in the quantity demanded of oil with increase in price. In graph C, GDP decreases as the percentage of child labor force increases.

Economics Concept Introduction

Concept Introduction:

Slope: A slope is the value that makes a variation in the dependent variable by making one unit change in the independent value.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter A, Problem 1Q

To determine

Positive slope and negative slope.

Expert Solution & Answer

Explanation of Solution

Graphs B and D have positive slopes. This is because in graph B, long-term unemployment increases as the rigidity of employment index increases, and in graph D, the supply curve of oil shows an increase in the quantity supplied of oil with increase in price.

Graphs A and C have negative slopes. This is because graph A shows the demand curve of oil, which shows decrease in the quantity demanded of oil with increase in price. In graph C, GDP decreases as the percentage of child labor force increases.

Economics Concept Introduction

Concept Introduction:

Slope: A slope is the value that makes a variation in the dependent variable by making one unit change in the independent value.

Answer 6

Chapter A, Problem 1Q

To determine

Positive slope and negative slope.

Expert Solution & Answer

Explanation of Solution

Graphs B and D have positive slopes. This is because in graph B, long-term unemployment increases as the rigidity of employment index increases, and in graph D, the supply curve of oil shows an increase in the quantity supplied of oil with increase in price.

Graphs A and C have negative slopes. This is because graph A shows the demand curve of oil, which shows decrease in the quantity demanded of oil with increase in price. In graph C, GDP decreases as the percentage of child labor force increases.

Economics Concept Introduction

Concept Introduction:

Slope: A slope is the value that makes a variation in the dependent variable by making one unit change in the independent value.

Answer 7

Chapter A, Problem 1Q

To determine

Positive slope and negative slope.

Answer 8

Expert Solution & Answer

Explanation of Solution

Graphs B and D have positive slopes. This is because in graph B, long-term unemployment increases as the rigidity of employment index increases, and in graph D, the supply curve of oil shows an increase in the quantity supplied of oil with increase in price.

Graphs A and C have negative slopes. This is because graph A shows the demand curve of oil, which shows decrease in the quantity demanded of oil with increase in price. In graph C, GDP decreases as the percentage of child labor force increases.