Solve the Problem

question 36

Essay

Solve the problem.
-Use the high closing values of Naristar Inc. stock from the years 1992 - 2003 to construct a time-series graph. (Let x = 0 stand for 1992 and so on...)Identify a trend. $$\begin{array} { l | l | l | l } \text { Year } & \text { High } & \text { Year } & \text { High } \\\hline 1992 & 48 & 1998 & 62 \\1993 & 53 & 1999 & 60 \\1994 & 47 & 2000 & 68 \\1995 & 55 & 2001 & 42 \\1996 & 58 & 2002 & 51 \\1997 & 61 & 2003 & 78\end{array}$$

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Definitions:

Recession

A period of significant decline in economic activity across the economy, lasting more than a few months, typically visible in GDP, income, employment, and trade.

Policy Makers

Individuals or groups responsible for creating and implementing policies or regulations within organizations or government.

Economy

The economy encompasses all activities related to production, consumption, and trade of goods and services in an area, showcasing how resources are managed and utilized.

Implementation Lag

The delay between the time a policy is enacted and the time its effects are observed in the economy.