coastdistrict.instructure.com How Should 1..emic Support (2) Hypothes..han Acade

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coastdistrict.instructure.com How Should 1..emic Support (2) Hypothes..han Academy Menova Hey...imming.com Econ Chegg Study | Guid Question7 1 pts Consider the data in the following table. Growth Rate of Real Investment Growth Rate of Real GDP 2 percent -3 percent 5 percent O percent 1 percent Year 2 3 4 0 percent -2 percent 3 percent -1 percent 1 percent Do the data match the experience of a developed country like the United States? O Yes, because the two growth rates are positively correlated. No, because the two growth rates should be positively correlated. Yes, because the two growth rates are negatively correlated. No, because the two growth rates should be negatively correlated. Yes, because these two growth rates are unrelated O Question 8

Explanation / Answer

The answer is B- ) No, because the two growth should be positively correlated.

because in this data, there are two , which of them 1 is negatively correlated and 1 is unrelated. so these two data should be positively correlated. because we know, for the economic growth, there is a positive relation of growth in real investment and growth in real GDP. when growth of real investment increase it aslo increase real GDP and thus economic growth.

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