Question: 7. Consider the following scatter plot, which plots GDP per capita for the year 2014 on the horizontal axis and the Fiscal Freedom Index from

7. Consider the following scatter plot, which plots GDP per capita for the year 2014 on the horizontal axis and the Fiscal Freedom Index from the Heritage Foundation for the year 2014 on on the vertical axis. 100 . BHO SAID ARE . QAT BHS JAZU . HKG . BANSGP GZE CAN IRL KOR ISL . MAC AIRV D JPN O GAC . FATS USA . DEL GBR ANLD . NOR Fiscal Freedom Index Heritage Foundation FRA . TCD SWE . DNK O 0 50000 100000 150000 GDP per capita, PPP (constant 2011 international $) (a) (5 points) Describe the scatter plot

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