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Foundations of Macroeconomics 8th Edition by Robin Bade Test bank

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D) Answers A and B are correct.
E) Answers A and C are correct.
Answer:  C
Topic:  Slope
Skill:  Level 2: Using definitions
Section:  Chapter 1 Appendix - Checkpoint 3
Status:  Old
AACSB:  Analytic skills
86) If a small change in the x variable results in a large change in the y variable, the curve will be
A) positively sloped.
B) negatively sloped.
C) steep.
D) flat.
E) trended.
Answer:  C
Topic:  Slope
Skill:  Level 2: Using definitions
Section:  Chapter 1 Appendix - Checkpoint 3
Status:  Old
AACSB:  Analytic skills

87) Suppose the relationship between a person's age and his or her height is plotted with the age measured along the x-axis and the height measured along the y-axis. Then, the curve showing this relationship is
A) a straight line with a positive slope.
B) positively sloped and becoming less steep.
C) a straight line with a negative slope.
D) negatively sloped and becoming less steep.
E) positively sloped and becoming more steep.
Answer:  B
Topic:  Positive slope
Skill:  Level 3: Using models
Section:  Chapter 1 Appendix - Checkpoint 3
Status:  Old
AACSB:  Analytic skills

88) If the quantity of the variable on the y-axis increases by 10 when the quantity of the variable on the x-axis decreases by 2, then the slope of the curve equals
A) 2.
B) -10.
C) 10.
D) -5.
E) None of the above answers is correct.
Answer:  D
Topic:  Slope
Skill:  Level 2: Using definitions
Section:  Chapter 1 Appendix - Checkpoint 3
Status:  Old
AACSB:  Analytic skills
89) If the quantity of the variable on the y-axis increases by 3 when the quantity of the variable on the x-axis increases by 4, then the slope of the curve equals
A) 3.
B) 4.
C) 3/4.
D) 4/3.
E) 1.
Answer:  C
Topic:  Slope
Skill:  Level 2: Using definitions
Section:  Chapter 1 Appendix - Checkpoint 3
Status:  Old
AACSB:  Analytic skills


90) The above figure shows the relationship between the price of a slice of pizza and how many slices of pizza Ricardo buys in a week. Between points A and B, the slope of the line equals
A) -5.
B) -4.
C) -3.
D) -1.
E) -2.
Answer:  D
Topic:  Slope
Skill:  Level 2: Using definitions
Section:  Chapter 1 Appendix - Checkpoint 3
Status:  Old
AACSB:  Analytic skills
91) The above figure shows the relationship between the price of a slice of pizza and how many slices of pizza Ricardo buys in a week. Between points A and B, the slope of the line is ________ the slope of the line between points B and C.
A) greater than
B) equal to
C) less than
D) unrelated to
E) not comparable to
Answer:  B
Topic:  Slope
Skill:  Level 2: Using definitions
Section:  Chapter 1 Appendix - Checkpoint 3
Status:  Old
AACSB:  Analytic skills

92) Moving rightward along a straight line, the slope of the line
A) always increases.
B) always decreases.
C) stays the same.
D) increases if the line slopes upward to the right.
E) decreases if the line slopes downward to the right.
Answer:  C
Topic:  Slope of a straight line
Skill:  Level 1: Definition
Section:  Chapter 1 Appendix - Checkpoint 3
Status:  Old
AACSB:  Analytic skills

93) A straight line falls when moving rightward along it. Hence the slope of the line is
A) positive.
B) negative.
C) undefined.
D) zero because it is a straight line.
E) perhaps positive, negative, or zero, but without more information it is impossible to determine.
Answer:  B
Topic:  Slope of a straight line
Skill:  Level 1: Definition
Section:  Chapter 1 Appendix - Checkpoint 3
Status:  Old
AACSB:  Analytic skills

 
94) The table above shows data on two variables. If these data were graphed, the slope of the line would be
A) 1/2.
B) 4/3.
C) 2/3.
D) 3/4.
E) 2.
Answer:  D

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