1) Decide whether you would expect relationship between the following pairs of dependent and independent variables (respectively) to be positive, negative, or ambiguous. Explain your reasoning. a. Aggregate net investment in the United States in a given year and GDP in that year. b. The number of acres of wheat planted in a season and the price of wheat at the beginning of that season. c. Aggregate net investment and the real rate of interest in the same year and country. d. The quantity of canned tuna demanded and the real price of a can of tuna. e. The growth rate of GDP in a year and the average hair length in that year.
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Home » Business » 1) Decide whether you would expect relationship between the following pairs of dependent and independent variables (respectively) to be positive, negative, or ambiguous. Explain your reasoning. a.