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If X causes Y, then X is the dependent variable and Y is the independent variable. Group of answer choices True False

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter1: Introducing The Economic Way Of Thinking

Section1.A: Applying Graphs To Economics

Problem 6SQ

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Question

If X causes Y, then X is the dependent variable and Y is the independent variable.

Group of answer choices

True

False

Expert Solution

Step 1- Introduction

The economics as a study is based upon the idea that the resources which are present with the economies are limited in nature, while the wants, and desires of people in these economies tend to be limitless. The economists tend to use various variables in the economy in order to find their relationships, and make models, and theories.

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