The Use of Graphs in Economics
This provides you with a good example of how graphs are used in economics.
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Questions:
- What relationship did the article use as an example?
- What does Table 1 show?
- Why did the article create Figure 2?
- What does the graph in Figure 2 provide?
- Relationships between variables can be ____________ or ______________. Explain.
- What does the slope tell us? What is the slope in Figure 3?
- Do relationships always have to be linear lines? Explain.