In the equation C = a + bY, Y is the dependent variable and a is the intercept.
Correct Answer:
Verified
Q228: Production efficiency reflects
A) how often economists make
Q229: Economists understand that people respond to
A) laws.
B)
Q230: Economists generally do NOT define an institution
Q231: Consider the following statements. Which, if any,
Q232: The basic idea of opportunity cost is
Q234: When economists assume people make rational decisions,
Q235: Macroeconomics focuses on
A) decisions made by individuals.
B)
Q236: Which statement about economics is CORRECT?
A) Economists
Q237: If two variables are correlated with one
Q238: Reasons to study economics include all of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents