Draw a scatter diagram of the interest rate and the unemployment rate. Describe the relationship. Use the
Question:
Draw a scatter diagram of the interest rate and the unemployment rate. Describe the relationship.
Use the following spreadsheet to work Problems 1 to 3. The spreadsheet provides data on the U.S. economy:
Column A is the year, column B is the inflation rate, column C is the interest rate, column D is the growth rate, and column E is the unemployment rate.
Transcribed Image Text:
A 1999 2000 2001 2002 2003 2004 7 2005 8 2006 9 2007 10 2008 11 2009 1 234SGN 4 5 6 co B 2.2 3.4 2.8 1.6 2.3 2.7 3.4 3.2 2.8 3.8 -0.4 4.6 5.8 3.4 1.6 1.0 1.4 3.2 4.7 4.4 1.4 0.2 D 4.8 4.1 1.1 1.8 2.5 3.6 3.1 2.7 2.1 0.4 -2.4 E 4.2 4.0 4.7 5.8 6.0 5.5 5.1 4.6 4.6 5.8 9.3
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