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Foundations of Macroeconomics 8th Edition by Robin Bade Test bank

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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) value of the variable measured on the x-axis minus the value of the variable measured on the y-axis.
Answer:  C
Topic:  Slope
Skill:  Level 1: Definition
Section:  Chapter 1 Appendix - Checkpoint 3
Status:  Old
AACSB:  Analytic skills

78) "The change in the value of the variable measured on the y-axis divided by the change in the value of the variable measured on the x-axis" is the definition of
A) a graph.
B) slope.
C) a curve.
D) a relationship.
E) a trend.
Answer:  B
Topic:  Slope
Skill:  Level 1: Definition
Section:  Chapter 1 Appendix - Checkpoint 3
Status:  Old
AACSB:  Analytic skills

79) The slope of a line equals the change in the variable measured along the
A) x-axis divided by the change in the variable measured along the y-axis.
B) y-axis divided by the change in the variable measured along the x-axis.
C) x-axis minus the change in the variable measured along the y-axis.
D) x-axis multiplied by the change in the variable measured along the y-axis.
E) y-axis minus the change in the variable measured along the x-axis.
Answer:  B
Topic:  Slope
Skill:  Level 1: Definition
Section:  Chapter 1 Appendix - Checkpoint 3
Status:  Old
AACSB:  Analytic skills
80) The slope
A) of a straight line is the same regardless of where on the line it is calculated.
B) equals the change in the value of the variable measured on the x-axis divided by the change in the variable measured on the y-axis.
C) will be small if a large change in the variable measured on the y-axis is associated with a small change in the variable measured on the x-axis.
D) equals the change in the value of the variable measured on the y-axis minus the change in the variable measured on the x-axis.
E) falls as the x variable increases if the line has a negative slope.
Answer:  A
Topic:  Slope
Skill:  Level 1: Definition
Section:  Chapter 1 Appendix - Checkpoint 3
Status:  Old
AACSB:  Analytic skills

81) With y measured on the vertical axis and x measured on the horizontal axis, the slope of a straight line is defined as
A) y/x.
B) x/y.
C) (change in y)/(change in x).
D) (change in x)/(change in y).
E) y - x.
Answer:  C
Topic:  Slope of a straight line
Skill:  Level 2: Using definitions
Section:  Chapter 1 Appendix - Checkpoint 3
Status:  Old
AACSB:  Analytic skills

82) In a graph, a straight line has a negative slope if the line
A) is vertical.
B) is horizontal.
C) falls from left to right.
D) rises from left to right.
E) shows a trend.
Answer:  C
Topic:  Slope
Skill:  Level 2: Using definitions
Section:  Chapter 1 Appendix - Checkpoint 3
Status:  Old
AACSB:  Analytic skills
83) A curve with a positive but decreasing slope represents a relationship where, every time the variable measured along the horizontal axis increases by one unit, the variable measured along the vertical axis
A) increases by a constant amount.
B) increases by an increasing amount.
C) increases by a decreasing amount.
D) decreases.
E) does not change by much.
Answer:  C
Topic:  Slope
Skill:  Level 2: Using definitions
Section:  Chapter 1 Appendix - Checkpoint 3
Status:  Old
AACSB:  Analytic skills

84) The slope
A) of a straight line is the same regardless of where on the line it is calculated.
B) equals the change in the value of the variable measured on the vertical axis divided by the change in the variable measured along the horizontal axis.
C) will be small if a large change in the variable measured on the vertical axis is associated with a small change in the variable measured along the horizontal axis.
D) Answers A and B are correct.
E) Answers A and C are correct.
Answer:  D
Topic:  Slope
Skill:  Level 2: Using definitions
Section:  Chapter 1 Appendix - Checkpoint 3
Status:  Old
AACSB:  Analytic skills

85) Which of the following statements is correct?
A) The slope of a straight line changes depending where on the line it is calculated.
B) The slope of a curved line is not defined because it is impossible to calculate the slope along a curved line.
C) A straight line that slopes upward moving to the right has a positive slope.

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