-A Graph Showing the Values of an Economic Variable for Different

question 19

Multiple Choice

-A graph showing the values of an economic variable for different groups in a population at a point in time is called a

• A) cross-section graph.
• B) time-series graph.
• C) scatter diagram.
• D) Venn diagram.
• E) None of the above answers is correct.

---

Definitions:

Unions

Organizations formed by workers from related sectors to collectively bargain with employers over wages, benefits, and working conditions.

Voluntary Organizations

Groups or associations that operate without governmental influence, formed freely by individuals to pursue shared goals or interests.

Conspiracy Doctrine

A legal principle historically used to treat collective action by workers, such as organizing or striking, as a criminal conspiracy.

Free Market System

An economic system based on supply and demand with little or no government control, where prices for goods and services are determined in a free price system.