If we observe that an increase in the amount of vehicle miles traveled rises after the price of gasoline rises, then we can conclude that
A) the amount of vehicle miles traveled and the price of gasoline are positively correlated.
B) the amount of vehicle miles traveled and the price of gasoline are negatively correlated.
C) the amount of vehicle miles traveled causes the price of gasoline to go up.
D) the price of gasoline causes the amount of vehicle miles traveled to go up.
E) a negative causation occurs between the amount of vehicle miles traveled and the price of gasoline
Correct Answer:
Verified
Q2: Which of the following is not an
Q5: If two variables are correlated, then it
Q6: Economic data always give an accurate picture
Q8: The relative price of gasoline has decreased
Q9: Causation
A)occurs when there is no correlation between
Q12: Explaining why the vehicle miles traveled per
Q14: The relative price of an iPhone is
A)the
Q15: All of the following are what economists
Q17: Controlled experiments are
A)seldom used in economics because
Q20: An economic variable is any economic measure
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