Flashcards in Econ 104- Chapter 1 Deck (10):

1

## Graph

### a two-dimensional rep. of a set of numbers and data

2

## Negative Relationship

### a relationship between two variables, X and Y, in which a decrease in X is associated with an increase in Y and an increase in X is associated with a decrease in Y.

3

## Origin

### the point at which the horizontal and vertical axes intersect

4

## Positive Relationship

### a relationship between two variables, X and Y, in which a decrease in X is associated with a decrease in Y, and in increase in X is associated with an increase in Y.

5

## Slope

### a measurement that indicates whether the relationship between variables is positive or negative and how much of a response there is in Y (the variable on the vertical axis) when X (the variable on the horizontal axis) changes.

6

## Time Series Graph

### a graph illustrating how a variable changes over time.

7

## X- Axis

### the horizontal line against which a variable is plotted

8

## X- Intercept

### the point at which a graph intersects the X-axis

9

## Y-Axis

### the vertical line against which a variable is plotted

10