Exam 2: Thinking Like an Economist: Graphing a Brief Review

The slope of a line that passes through the points (20,30)and (40,14)is

Figure 2-20 Relationship Between Years of Education and Annual Income -Refer to Figure 2-20.According to the graph,the correlation between years of education and annual income is

A demand curve shows the relationship between price and

To display information on two variables,an economist must use

A relatively flat demand curve indicates that

The slope of a line that passes through the points (5,8)and (12,12)is

Which of the following is correct?

Figure 2-17 -Refer to Figure 2-17.The curves shown are

Which of the following allows you to provide information about the relationship between two variables?

Which of the following is not correct?

When a relevant variable that is not named on either axis changes,

Figure 2-16 -Refer to Figure 2-16.Cups of coffee per day and the hours that someone can go without sleep appear to have

In the ordered pair (20,30),20 is the

Figure 2-20 Relationship Between Years of Education and Annual Income -Refer to Figure 2-20.Senator Smith observes the graph and concludes that people who earn higher incomes attend school for more years.Senator Jones observes the graph and concludes that people who attend school for more years earn higher incomes.Who is correct?

Figure 2-18 Relationship between Price and Restaurant Meals -Refer to Figure 2-18.Which of the following could result in a movement from point B to point Z?

Figure 2-16 -Refer to Figure 2-16.The graph shown is known as a

The argument that purchases of minivans cause large families is an example of

An ordered pair is

A demand curve displaying the relationship between the price of cars and the quantity demanded of cars should have a slope that is

Alfonso has noticed that increases in unemployment insurance claims are associated with recessions,and therefore he advocates limits on unemployment insurance so as to prevent recessions.Mary has noticed that most drug addicts once attended schools,and therefore she advocates getting rid of schools so as to prevent drug addiction.