An economist is studying how changes in income affect the frequency of eating in restaurants. In this example, "changes in income" is the ________ variable, and "frequency of eating out" is the ____ variable.

Respuesta :

Answer:

In this example, "changes in income" is the independent variable, and "frequency of eating out" is the dependent variable.

Explanation:

Either its domestic economy or commercial economy it basically have two variables: independent and dependent. Variables are estimating parameters that gives idea about economic terms like GDP, Inflation or Interest Rates.

Independent variables can be manipulated or controlled but dependent variables are influenced by one's changes to the independent variables. So here changes in income can be managed or not, but frequency of eating out depends upon how the income is managed.

Changes in income is the independent variable whereas the frequency of eating out the dependent variable. Variables are an important part in studying the economics of an individual's micro income.

Calculation of such an income falls under the purview of micro economics. The changes in come is independent of the work efficiency provided by the man.

  • Frequency refers to the range which is variable or invariable due to act of certain factors that may affect a change in the income of such a person in the efficiency of the work provided by him.

  • The change in income may happen by the acts of employee himself but the frequency that the man eats out is dependent on the disposable income left in the hands of such a person.

  • We can conclude that the frequency of eating out is dependent factor variable as it will be affected by the income of a person at two given periods.

Hence, we can say that the changes in income is an independent variable whereas frequency of a person eating out is a dependent variable that depends on the income of person.

To know more about frequency variables, please refer to the link below.

https://brainly.com/question/18403861