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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 15
Which of the following represents causality rather than association?
A) In years that fashion dictates wider lapels on men's jackets, the stock market grows by at least 5 percent.
B) Interest rates are higher in years ending with a 1 or a 6.
C) Unemployment falls when the AFC champion wins the Super Bowl.
D) Quantity demanded goes up when price falls because lower prices increase consumer purchasing power, and because some consumers of substitute goods switch.
A) In years that fashion dictates wider lapels on men's jackets, the stock market grows by at least 5 percent.
B) Interest rates are higher in years ending with a 1 or a 6.
C) Unemployment falls when the AFC champion wins the Super Bowl.
D) Quantity demanded goes up when price falls because lower prices increase consumer purchasing power, and because some consumers of substitute goods switch.
Explanation
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Verified
Association refers to the correlation be...
Economics for Today 9th Edition by Irvin Tucker
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