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avanturin [10]
3 years ago
9

Homer notices that he gains more weight if he eats more doughnuts. Fill in the blanks to com the passage about the correlation b

etween weight and doughnutsThere is a _______correlation between the number of doughnuts Homer eats and his weight if Homer wants to lose weight, he should eat_______ doughnuts If Homer graphed this relationship on a scatterplot, an increase on the y axis would lead to________ on the x axis.
Business
1 answer:
Anika [276]3 years ago
3 0

Answer:

Homer notices that he gains more weight if he eats more doughnuts. Fill in the blanks to com the passage about the correlation between weight and doughnuts.

There is a __positive_____correlation between the number of doughnuts Homer eats and his weight.  If Homer wants to lose weight, he should eat___less____ doughnuts.  If Homer graphed this relationship on a scatter plot, an increase on the y axis would lead to__an increase______ on the x axis.

Explanation:

According to the question, Homer's doughnut consumption and weight should be graphed so that an increase in the x-axis would lead to an increase in the y-axis.  The x-axis is the independent variable while the y-axis is always the dependent variable and not vice versa.  The number of doughnuts that Homer consumes should be plotted on the x-axis and the weight obtained on the y-axis because the weight depends on the number of doughnuts consumed.

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Answer:

Given that,

Durable Goods = $1,250

Non-durable Goods = $2,130

Services = $9,000

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Changes to Business Inventory = $135

Investment in Stocks & Bonds = $15,500

Federal Government Purchases = $1,800

State/Local Government Purchases = $1,700

Transfer Payments = $675

Exports from the United States = $2,100

Imports into the United States = $2,400

(a) Consumption, C = durable goods + non-durable goods + services

                                = $1,250 + $2,130 + $9,000

                                = $12,380

(b) Private investment, I = Fixed investment + change in inventory + Investment in stocks/bonds

                                       = $1,800 + $135 + $15,500

                                       = $17,435

(c) Government spending, G = Federal government purchase + state/local government purchase

                                               = $1,800 + $1,700

                                               = $3,500

(d) Net exports = Exports - Imports

                         = $2,100 - $2,400

                         = -($300)

GDP = C + I + G + NX

        = $12,380 + $17,435 + $3,500 + (-$300)

        = $33,015

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