We are investigating the relationship among three variables. We ...

[lracut11]

We are investigating the relationship among three variables. We have graphed two of them. Suppose that the variable that is not measured on the x-axis or the y-axis changes. Then, there is
 
  A) no impact on the plotted curve because the variable is not measured on either of the axes.
  B) a violation of the absence of trend assumption.
  C) a shift in the plotted curve.
  D) a movement along the plotted curve.
  E) an omitted variable.

Question 2

If your nominal income is 75,000 and your real income in base year prices is 60,000, what is the CPI?
 
  A) 250 B) 125 C) 80 D) 200 E) 100

[bimper21]

Answer to Question 1

C

Answer to Question 2

B