An Accountant Is Preparing a Graph Showing the Number of Sports

question 58

Multiple Choice

An accountant is preparing a graph showing the number of sports cars of various makers purchased this year. The number will be plotted on the ordinate and the various manufacturers on the abscissa. The proper type of graph for this data is a(n) _________.

• A) frequency polygon
• B) histogram
• C) bar graph
• D) ogive

---

Definitions:

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, typically used as an indicator of inflation.

Economy Expanding

A phase where a nation's economic activity is growing, marked by increased production, employment, and consumption.

Recessions

Economic downturns marked by decreasing industrial production, employment, and sales, often lasting from a few months to more than a year.

Frictional Unemployment

The short-term unemployment that arises from the process of workers moving between jobs or into the labor market.