-The above figure is
A) a scatter diagram showing that there is no clear relationship between unemployment and inflation.
B) an economic model showing that when unemployment falls, inflation rises.
C) a time- series graph showing that when unemployment rises, so too does inflation.
D) a cross- section graph showing that when unemployment falls, so too does inflation.

Question

-The above figure is
A) a scatter diagram showing that there is no clear relationship between unemployment and inflation. 
B) an economic model showing that when unemployment falls, inflation rises. 
C) a time- series graph showing that when unemployment rises, so too does inflation. 
D) a cross- section graph showing that when unemployment falls, so too does inflation.

Quizplus · Accepted Answer

The scatter diagram shows that there is no clear relationship between unemployment and inflation.

-The Above Figure Is