31. The fact that two variables always move together over time: A) does not prov

Question

31. The fact that two variables always move together over time:
A) does not prove that one of the variables is dependent on the other.
B) proves that one of the variables is dependent on the other.
C) proves that changes in one variable causes changes in the other.
D) is often illustrated or depicted using either a pie chart or a bar chart.


42. Increasing the level of education in the United States will:
A) shift the production possibilities curve to the left.
B) improve the level of technology.
C) lead to increased natural resource use.
D) lead to workers possessing greater human capital.

Explanation / Answer

31. The fact that two variables always move together over time:
A) does not prove that one of the variables is dependent on the other.
B) proves that one of the variables is dependent on the other.
C) proves that changes in one variable causes changes in the other.
D) is often illustrated or depicted using either a pie chart or a bar chart.

correlation does not prove causation, the answer is A

42. Increasing the level of education in the United States will:
A) shift the production possibilities curve to the left.
B) improve the level of technology.
C) lead to increased natural resource use.
D) lead to workers possessing greater human capital.

Generally, increasing education will expand the production possibilities curve, moving it right instead of left, so A is false. The level of technology, while influenced by education, is not dependent on education so B is incorrect. C, increasing the level of education will not directly lead to increased natural resource use (though the fact that higher education usually means higher incomes, and higher incomes mean higher consumption, and higher consumption means that more resources are used in production...but that is a little too indiret)

The best answer is D. Human capital is the stock of skills, knowledge, competences, etc that people posses enabling them to perform labor. Education increases the stock of skills, knowledge, and comptence (generally ;-p )

Related Questions

Navigate

• Browse (All)
• Browse 3
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.