A time series graph
A) uses bars rather than lines.
B) is not useful if the goal is to determine a variable's trend.
C) shows points that are scattered.
D) depicts a series of good economic times a nation had.
E) shows how a certain variable changes over time.
E
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Contrast the Keynesian and Monetarist views on how a change in the money supply impacts the economy.
What will be an ideal response?
A bundle of goods that costs $1 in the U.S. is worth 5 units in Country A's currency. If Country A's GDP in its own currency is 5,000,000 units, Country A's GDP in purchasing power parity-adjusted dollars is ________
A) $1,000,000 B) $50,000,000 C) $2,500,000 D) $3,000,000
Mutual interdependence is an important characteristic of the ________ market structure(s)
a. monopoly b. oligopoly c. monopolistic competition d. perfect competition e. perfect competition and monopolistic
If a country is net exporter, free trade will hurt the ________.
A. poor citizens of the country B. domestic consumers C. domestic producers D. rich citizens of the country