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Figure: Seasonally Adjusted Unemployment Rate
-(Figure: Seasonally Adjusted Unemployment Rate) Look at the figure Seasonally Adjusted Unemployment Rate. The distance between each labeled point on the horizontal axis is one year. What is the approximate slope of the graph between 1/2004 and 1/2006?
A)1/2
B)1
C)-1/2
D)-2

Question

Use the following to answer questions :
Figure: Seasonally Adjusted Unemployment Rate 
-(Figure: Seasonally Adjusted Unemployment Rate) Look at the figure Seasonally Adjusted Unemployment Rate. The distance between each labeled point on the horizontal axis is one year. What is the approximate slope of the graph between 1/2004 and 1/2006?
A)1/2 
B)1 
C)-1/2 
D)-2

Quizplus · Accepted Answer

Between 1/2004 and 1/2006, the unemployment rate decreases from approximately 5.8% to 4.7%, meaning a decrease of 1.1%. Since the distance between each labeled point on the horizontal axis is one year, the time elapsed is two years. Therefore, the approximate slope of the graph is (-1.1)/(2) which simplifies to -0.55 or -1/2. Option C is the only one close to this value.

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