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.

Liza works as a receptionist. Around the lunch hour, she has a difficult time hearing the callers due to employees talking near her desk. Liza's communication challenge is due to which factor?

Under the effective interest? method, the amount of bond discount amortized each interest period is equal to? the: a. amount of interest expense less the cash paid for interest. b. amount of interest expense plus the cash paid for interest. c.

Entrepreneurs' intentions are based on their perception of feasibility rather than someone else's impression of whether it is feasible.

The theory of rational behavior a. is an assumption that economists make to have a useful model for how decisions are made. b. implies that people will always take the time to make correct decisions. c.

Suppose there are monopoly profits in the production of airplanes, but two countries are each determined to capture the industry. When one country subsidizes its domestic firm, the other country matches the tactic.

Which of the following statements is correct? a. Both perfectly competitive and monopolistic firms are price takers. b. Both perfectly competitive and monopolistic firms are price makers. c.

Reviewers are largely supportive of the increased push to have people pre order video games A - true B - false

Use the following information for exercises 15 to 18 LO P2 The following information applies to the questions displayed below] On October 1, Ebony Ernst organized Ernst Consulting;

The price of peanut butter rises due to a blight on the peanut crop; peanut butter and jelly are complements. what happens to the equilibrium quantity and price of jelly?

Under the Wagner Act of 1935, an employer has a legal obligation to do all of the following except: Bargain with a duly elected representative of the employees. Make concessions in response to union demands during a bargaining session.