Use the following to answer questions:
-(Figure: Seasonally Adjusted Unemployment Rate)Use Figure: Seasonally Adjusted Unemployment Rate.The distance between each labeled point on the horizontal axis is 1 year,and the distance between each labeled point on the vertical axis is 1 percentage point of unemployment.What is the approximate slope of the graph between 1/2004 and 1/2006 (using percentage point and years as the units on the vertical and horizontal axes,respectively)?
A) 1/2
B) 1
C) -1/2
D) -2

Question

Use the following to answer questions: 
-(Figure: Seasonally Adjusted Unemployment Rate)Use Figure: Seasonally Adjusted Unemployment Rate.The distance between each labeled point on the horizontal axis is 1 year,and the distance between each labeled point on the vertical axis is 1 percentage point of unemployment.What is the approximate slope of the graph between 1/2004 and 1/2006 (using percentage point and years as the units on the vertical and horizontal axes,respectively)?
A) 1/2 
B) 1 
C) -1/2 
D) -2

Quizplus · Accepted Answer

From 1/2004 to 1/2006, the unemployment rate decreases from about 6.0% to about 4.5%, a change of -1.5 percentage points over a span of 2 years. Therefore, the approximate slope of the graph is -1.5/2 = -0.75 percentage points per year, or -3/4. The closest option to this answer is C) -1/2.

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