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15 August, 16:54

When economists use the term "correlation," they are referring to cause and effect relationships between:

variables.

normative economics.

how two variables move together in a predictable way.

positive economics.

economic policy.

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  1. 15 August, 17:07
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    how two variables move together in a predictable way.

    Explanation:

    Correlation is a statistical technique which tells us how strongly the pair of variables are linearly related. Correlation does not imply causation.
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