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Foundations of Macroeconomics 8th Edition by Robin Bade Test bank

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Skill:  Level 1: Definition
Section:  Chapter 1 Appendix - Checkpoint 2
Status:  Old
AACSB:  Analytic skills

70) A graph shows that the number of U.S. tourists visiting a Caribbean island increases as the temperature in the northeastern United States falls. The graph shows
A) a positive relationship.
B) a direct relationship.
C) a negative relationship.
D) no relationship.
E) an invalid relationship.
Answer:  C
Topic:  Negative relationship
Skill:  Level 1: Definition
Section:  Chapter 1 Appendix - Checkpoint 2
Status:  Old
AACSB:  Analytic skills

71) The graph shows a
A) positive relationship that becomes less steep.
B) negative relationship that is linear.
C) positive relationship that is linear.
D) negative relationship that become less steep.
E) None of the above answers is correct.
Answer:  B
Topic:  Negative relationship
Skill:  Level 3: Using models
Section:  Chapter 1 Appendix - Checkpoint 2
Status:  Old
AACSB:  Analytic skills

72) The graph shows
A) a relationship with a minimum.
B) a relationship with a maximum.
C) no relationship.
D) a linear relationship.
E) a cross-section relationship.
Answer:  B
Topic:  Maximum
Skill:  Level 3: Using models
Section:  Chapter 1 Appendix - Checkpoint 2
Status:  Old
AACSB:  Analytic skills

73) The graph shows
A) a relationship with a minimum.
B) a relationship with a maximum.
C) no relationship.
D) a relationship that becomes less steep.
E) a cross-section relationship.
Answer:  A
Topic:  Minimum
Skill:  Level 3: Using models
Section:  Chapter 1 Appendix - Checkpoint 2
Status:  Old
AACSB:  Analytic skills

74) Two variables are unrelated if their graph is
i.     a vertical line.
ii.   a 45 degree line.
iii.  a horizontal line.
A) i only
B) ii only
C) iii only
D) i and iii
E) i, ii, and iii
Answer:  D
Topic:  Unrelated variables
Skill:  Level 1: Definition
Section:  Chapter 1 Appendix - Checkpoint 2
Status:  Old
AACSB:  Analytic skills

75) The graph shows
A) a positive relationship that becomes less steep.
B) a negative relationship that is linear.
C) a positive relationship that is linear.
D) no relationship between the variables.
E) a trend relationship between the variables.
Answer:  D
Topic:  Unrelated variables
Skill:  Level 3: Using models
Section:  Chapter 1 Appendix - Checkpoint 2
Status:  Old
AACSB:  Analytic skills

76) A slope is measured as the
A) value of the variable measured on the y-axis divided by the value of the variable measured on the x-axis.
B) value of the variable measured on the x-axis divided by the value of the variable measured on the y-axis.
C) change in the value of variable on the y-axis divided by the change in the value of the variable on the x-axis.
D) value of the variable measured on the y-axis minus the value of the variable measured on the x-axis.
E) change in the value of variable on the x-axis divided by the change in the value of the variable on the y-axis.
Answer:  C
Topic:  Slope
Skill:  Level 1: Definition
Section:  Chapter 1 Appendix - Checkpoint 3
Status:  Old
AACSB:  Analytic skills
77) A slope is measured as the
A) value of the variable measured on the y-axis divided by the value of the variable measured on the x-axis.
B) value of the variable measured on the x-axis divided by the value of the variable measured on the y-axis.

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