As the dollar rate increases in a day, the amount of investment, stock prices, and forex exchange deposit available also decreases. Which of the following is the independent variable?
A. Amount of investment
B. Dollar rate
C. Stock prices
D. Forex exchange deposit
Based on the given scenario, the outcome of measuring the daily dollar rate is the decline in investment, stock prices, and forex exchange. The three outcomes are dependent variables while the dollar rate is the independent variable.
Therefore, the Correct Answer is B.