Macroeconomics
Macroeconomics
5th Edition
ISBN: 9781319098759
Author: Paul Krugman, Robin Wells
Publisher: Worth Publishers
Question
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Chapter 2.A, Problem 7P
To determine

The relationship between two variables

Concept Introduction:

Dependent Variable: The variables, which are tested in the economic model, is termed as dependent variable.

Independent Variable: The variation of the particular variable is measured on the dependent variable is referred as independent variable.

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