Use the Figure Below to Answer the Following Questions

question 104

Multiple Choice

Use the figure below to answer the following questions. Figure 1A.1.1
-The graphs in Figure 1A.1.1 are examples of

• A)dot graphs.
• B)graphs that show no relationship between x and y.
• C)dot diagrams.
• D)scatter diagrams.
• E)none of the above.

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Definitions:

Import-substitution Strategies

Economic policies and practices aimed at replacing foreign imports with domestic production.

Economists

Professionals specialized in the study of economics, focusing on the production, distribution, and consumption of goods and services.

Economic Development

The process of improving economic well-being and quality of life through economic growth, creation of jobs, and the implementation of social and technological advancements.

Entrepreneurial Activity

The act of starting new businesses, initiating innovations, and introducing new products or services to the market, often seen as a driver of economic growth.