Question: How do I make two separate graph for these two problems? To demonstrate this, we may draw a graph to show the link between the
How do I make two separate graph for these two problems? To demonstrate this, we may draw a graph to show the link between the unemployment rate and the economic cycle. The graph should display the unemployment rate on the y-axis and time on the x-axis. The graph should also indicate the business cycle stages, including expansions and contractions. We would anticipate to observe a rise in the unemployment rate during times of economic contraction, which is when the economy enters a recession. During times of economic growth, which is when the economy is increasing, we would expect to see a fall in the unemployment rate.
To demonstrate this point, we may draw a graph to indicate how the percentage of retired people to working people is expected to rise over the next several decades. The y-axis of the graph should display the number of retirees as a percentage of the total number of employees, and the x-axis should represent the passage of time. When members of the baby boomer generation begin to enter retirement age, we may anticipate a general rising trend in the proportion of retirees to active employees.
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