What Is the Best Way to Display the Unemployment Rate

question 105

Multiple Choice

What is the best way to display the unemployment rate in each of the world's developed economies in 2018?

• A)a time series line graph
• B)a scatter diagram
• C)a scatter diagram with two variables
• D)a cross-sectional graph with time-series data
• E)a cross-sectional bar chart graph

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Definitions:

Notes Receivable

A type of asset on the balance sheet representing a written promise to receive a certain amount of cash from another party on or before a specified date.

Account Receivable

Money that is owed to a business for products or services provided, representing a claim against a customer's assets.

Accounts Receivable Turnover

Accounts receivable turnover is a financial ratio that measures how many times a company can turn its accounts receivable into cash during a period.

Adjusting Entry

An accounting process used to allocate expenses and revenues between periods according to their occurrence and realization, ensuring that financial statements accurately reflect the financial position of a company at the end of an accounting period.