A graph showing the values of an economic variable for different groups in a population at a point in time is called a
A) time-series graph.
B) Venn diagram.
C) scatter diagram.
D) cross-section graph.
E) None of the above answers is correct.

Question

Quizplus · Accepted Answer

A graph showing the values of an economic variable for different groups in a population at a point in time is referred to as a cross-section graph. A time-series graph shows changes over time for a single group or population, a Venn diagram shows overlap or intersection between different groups, and a scatter diagram is used to show the relationship between two variables.

A Graph Showing the Values of an Economic Variable for Different