Exam 21: Graphs in Economics

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Use the following to answer questions : Use the following to answer questions :   -(Figure: Hot Drinks Sold and Temperature)Use Figure: Hot Drinks Sold and Temperature.If we move from point K to point L in the figure,the outside temperature has _____ degrees and the number of hot drinks sold has _____. -(Figure: Hot Drinks Sold and Temperature)Use Figure: Hot Drinks Sold and Temperature.If we move from point K to point L in the figure,the outside temperature has _____ degrees and the number of hot drinks sold has _____.

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The ratio of the change in the variable on the vertical axis to the change in the variable on the horizontal axis,measured between two points on the curve,is the:

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A positive relationship between swimsuits purchased and ice cream purchased could be the result of:

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Use the following to answer questions : Use the following to answer questions :   -(Figure: Cold Drinks Sold and Temperature)Use Figure: Cold Drinks Sold and Temperature.If we move from point B to point C in the figure,the outside temperature has _____ degrees and the number of cold drinks sold has _____. -(Figure: Cold Drinks Sold and Temperature)Use Figure: Cold Drinks Sold and Temperature.If we move from point B to point C in the figure,the outside temperature has _____ degrees and the number of cold drinks sold has _____.

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Use the following to answer questions : Use the following to answer questions :   -(Figure: Cold Drinks Sold and Temperature)Use Figure: Cold Drinks Sold and Temperature.If we move from point C to point D in the figure,the outside temperature has _____ degrees and the number of cold drinks sold has _____. -(Figure: Cold Drinks Sold and Temperature)Use Figure: Cold Drinks Sold and Temperature.If we move from point C to point D in the figure,the outside temperature has _____ degrees and the number of cold drinks sold has _____.

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Use the following to answer questions : Use the following to answer questions :   -(Figure: Seasonally Adjusted Unemployment Rate)Use Figure: Seasonally Adjusted Unemployment Rate.The distance between each labeled point on the horizontal axis is 1 year,and the distance between each labeled point on the vertical axis is 1 percentage point of unemployment.Using this graph,the unemployment rate was at its lowest point (in the time window shown)in _____ and at its highest point (in the time window shown)in _____. -(Figure: Seasonally Adjusted Unemployment Rate)Use Figure: Seasonally Adjusted Unemployment Rate.The distance between each labeled point on the horizontal axis is 1 year,and the distance between each labeled point on the vertical axis is 1 percentage point of unemployment.Using this graph,the unemployment rate was at its lowest point (in the time window shown)in _____ and at its highest point (in the time window shown)in _____.

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Use the following to answer question 43: Use the following to answer question 43:   -(Figure: y = f(x))Use Figure: y = f(x).The slope of the relation between x and y is: -(Figure: y = f(x))Use Figure: y = f(x).The slope of the relation between x and y is:

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Use the following to answer questions : Use the following to answer questions :   -(Figure: Seasonally Adjusted Unemployment Rate)Use Figure: Seasonally Adjusted Unemployment Rate.The distance between each labeled point on the horizontal axis is 1 year,and the distance between each labeled point on the vertical axis is 1 percentage point of unemployment.Unemployment was _____ between 1/2001 and 1/2002 and _____ between 1/1999 and 1/2000. -(Figure: Seasonally Adjusted Unemployment Rate)Use Figure: Seasonally Adjusted Unemployment Rate.The distance between each labeled point on the horizontal axis is 1 year,and the distance between each labeled point on the vertical axis is 1 percentage point of unemployment.Unemployment was _____ between 1/2001 and 1/2002 and _____ between 1/1999 and 1/2000.

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Use the following to answer questions : Table: Price, Quantity Demanded, and Quantity Supplied Price Quantity demanded 16 8 4 2 1 Quantity supplied 3 5 7 9 11 -(Table: Price,Quantity Demanded,and Quantity Supplied)Use Table: Price,Quantity Demanded,and Quantity Supplied.The data in the figure suggest a non-linear relation between:

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The slope of a straight line is the ratio of the:

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Use the following to answer questions : Use the following to answer questions :   -(Figure: Illustrating Slope)Use Figure: Illustrating Slope.In the graph,line 1 depicts X and Y to be: -(Figure: Illustrating Slope)Use Figure: Illustrating Slope.In the graph,line 1 depicts X and Y to be:

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Use the following to answer questions : Use the following to answer questions :   -(Figure: Labour Force Participation Rate)Use Figure: Labour Force Participation Rate.During 1970-1985,the labour force participation rate was _____ for women and _____ for men. -(Figure: Labour Force Participation Rate)Use Figure: Labour Force Participation Rate.During 1970-1985,the labour force participation rate was _____ for women and _____ for men.

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Use the following to answer questions : Use the following to answer questions :   -(Figure: Hot Drinks Sold and Temperature)Use Figure: Hot Drinks Sold and Temperature.If we move from point J to point L in the figure,the outside temperature has _____ degrees and the number of hot drinks sold has _____. -(Figure: Hot Drinks Sold and Temperature)Use Figure: Hot Drinks Sold and Temperature.If we move from point J to point L in the figure,the outside temperature has _____ degrees and the number of hot drinks sold has _____.

(Multiple Choice)
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Use the following to answer questions : Use the following to answer questions :   -(Figure: Consumption of Pizza and Tacos)Use Figure: Consumption of Pizza and Tacos.The figure shows the number of tacos and pizza slices Matt can eat in a day.The best estimate of the slope between point A and point B is -4. -(Figure: Consumption of Pizza and Tacos)Use Figure: Consumption of Pizza and Tacos.The figure shows the number of tacos and pizza slices Matt can eat in a day.The best estimate of the slope between point A and point B is -4.

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The point at which the axes of a graph intersect is called the:

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Use the following to answer questions : Use the following to answer questions :   -(Figure: Hot Drinks Sold and Temperature)Use Figure: Hot Drinks Sold and Temperature.If we move from point L to point M in the figure,the outside temperature has _____ degrees and the number of hot drinks sold has _____. -(Figure: Hot Drinks Sold and Temperature)Use Figure: Hot Drinks Sold and Temperature.If we move from point L to point M in the figure,the outside temperature has _____ degrees and the number of hot drinks sold has _____.

(Multiple Choice)
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Use the following to answer questions : Use the following to answer questions :   -(Figure: Consumption of Pizza and Tacos)Use Figure: Consumption of Pizza and Tacos.The figure shows the number of tacos and pizza slices Matt can eat in a day.The relation is non-linear,and there is a negative relation between the number of tacos and pizza slices that Matt can eat in a day. -(Figure: Consumption of Pizza and Tacos)Use Figure: Consumption of Pizza and Tacos.The figure shows the number of tacos and pizza slices Matt can eat in a day.The relation is non-linear,and there is a negative relation between the number of tacos and pizza slices that Matt can eat in a day.

(True/False)
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Use the following to answer questions : Use the following to answer questions :   -(Figure: Unemployment Rate over Time)Look at the figure Unemployment Rate over Time.In the time-series graph,as we move from the beginning of 2001 to the beginning of 2003,we see that the unemployment rate has _____ from approximately _____ to approximately _____. -(Figure: Unemployment Rate over Time)Look at the figure Unemployment Rate over Time.In the time-series graph,as we move from the beginning of 2001 to the beginning of 2003,we see that the unemployment rate has _____ from approximately _____ to approximately _____.

(Multiple Choice)
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A scatter diagram shows:

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A town hires more police officers and then has an increase in arrests.One can conclude that the larger police force caused more crime.

(True/False)
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