If the value of a variable varies as a consequence of the variation in the value of some other variable, it is called:

Related MCQs

• In Fisher’s equation of exchange MV=PT, the variation of which produces a proportional change in price:
• In the case of normal goods, the quantity demanded varies inversely with:
• A firm encountering economies of scale over some range of output will have a:
• As the value of MPC increases, the value of multiplier:
• The saucer-type of modern Short run Average Variable Cost (SAVC) represents
• Income is a ------- variable
• Which one in the following is a stock variable?
• Which one in the following is a flow variable?
• Which of the following is not a flow variable:
• Which of the following is not a stock variable: