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:

Interest Rate

The percentage charged by lenders to borrowers for the use of money, or the rate earned on investments, reflecting the cost of borrowing or the yield on investments.

Investment Project

A project involving the expenditure of capital in order to generate returns or benefits over time.

Present Discounted Value

The current value of a future amount of money or stream of cash flows, adjusted for the time value of money.

Human Capital

The economic value of an individual's skills, knowledge, and experiences.