Question

write the meaning of dependent economic variable.​

Answer 1

Answer:

Independent variables - The values that can be changed or controlled in a given model or equation. They provide the "input" which is modified by the model to change the "output." Dependent variables - The values that result from the independent variables

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Answer 2

Write the meaning of dependent economic variable.​

Explanation:

• The economic dependent variable is one that is characterized by the changes in association to the factors of the independent variable and for example of the consumption is a dependent variable as its caused and influenced by the another variable like income.

• And this variable is that varies according to the equations of the model and is a variable that values is determined by the controlled conditions and that are allowed to change in a controlled manner. And it determines the economic functions like the population and the inflation and availability rates, GDP and unemployment. etc.

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