Question: Hello, i failed to understand what the scale on the y-axis means, please explain, and may you comment the features or the trends that the

Hello, i failed to understand what the scale on the y-axis means, please explain, and may you comment the features or the trends that the graph is showing, and what caused those features or trends, thanks a lot

Hello, i failed to understand what the scale on the y-axis means,

FRED ~ - Unit Labor Costs in Manufacturing, U.S. Dollar Basis, in Japan (DISCONTINUED) 160 140 120 100 Index 2002=100 80 60 40 20 0 1955 1960 1965 1980 1985 1990 1995 2000 2005

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!