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Economic variables whose values are measured in monetary units are called?
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∙ 12y ago
Nominal Variables
Wiki User
∙ 12y ago
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Kevin recorded the effects of violent video games on antisocial behavior. Which of these is a response variable?
Variables of interest in an experiment (those that are measured or observed) are called response or dependent variables. Other variables in the experiment that affect the response and can be set or measured by the experimenter are called predictor, explanatory, or independent variables. Antisocial behavior
What is the ratio of two variables called?
Quotient.
Why is a bar graph unsuitable when plotting temperature against rate of reaction?
The two variables are continuous and most likely well measured variables that have a relationship. Therefore, a bar charge which requires the grouping of data, either by rate of reaction or temperature would provide a less meaningful plot than a plot of the (x,y) points, also called a scatter plot. Regression could be use to identify the relationship.
How close a measured value is to an accepted value is called a?
accuracy
What is the chart called when the paired data (the dependent and independent variables) are plotted?
scatter diagram
Economic variables who are measured in goods are called?
dichotomous variables
Kevin recorded the effects of violent video games on antisocial behavior. Which of these is a response variable?
Variables of interest in an experiment (those that are measured or observed) are called response or dependent variables. Other variables in the experiment that affect the response and can be set or measured by the experimenter are called predictor, explanatory, or independent variables. Antisocial behavior
What is a period of economic growth as measured by a rise in real GDP called?
An expansion
Ann recorded the effects of watching television on physical fitness. Which of these is a response variable?
Variables of interest in an experiment (those that are measured or observed) are called response or dependent variables. Other variables in the experiment that affect the response and can be set or measured by the experimenter are called predictor, explanatory, or independent variables.Variable - not consistent or having a fixed pattern; liable to changePhysical fitness
Why are index number called ecnomic barometer?
Index number are not called economic barometer. Some, but by no means all, economic variables are represented in index form to simplify comparisons over time. Since these may be considered as giving a picture of the economic outlook, they are sometimes called economic barometers.
What is monetary unit of Morocco?
The monetary unit of morocco is called a Moroccan Dirham.
What are variables that are not being studied called?
Independent Variables.
What are factors that change in an experiment called?
The factors which you change (vary) are called variables.
What is monetary economics and its scope?
The monetary economy is that part of a society's economic system where products and services are traded in exchange for money. A monetary economy stands in contrast to an economy based on bartering (called barter economy) or to an economy where goods are not traded, i.e. where the goods are produced and consumed by the same households (closed household economy). These two types of economies are said to be non-monetary economies. I define monetary economics to be the study of the causes and economic consequences of the monetization of exchange -- that is, of the use of media of exchange. These definitions lead me to specify the distinctive objective of monetary economics to be to understand: (1) the monetization of exchange and its relation to the technologies of production and of exchange, (2) the form that money takes and, especially, the viability of fiat money, (3) the determination and significance of the real value of units of money, and (4) the relation between the nominal quantity of money and aggregate economic activity.
An algebraic expression is a combination of letters called what?
variables
Factors that are varied during an experimental procedure are called?
Variables
What is Japans monetary unit?
It is called the Yen
