JAMB Economics 2012 Objective — Question 4
Question 4 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2012 Objective paper, with the correct answer and a full explanation.
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The sign of the slope of a graph in economic analysis is important because it
- A. shows whether a good is normal or inferiorCorrect
- B. shows the relationship between variables
- C. reveals the magnitude of the change between variables
- D. helps to determine the unit of measurement of variables
Explanation
The sign of the slope of a graph shows whether the variables in question are positively or negatively related.
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