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Economics 2 Pages

Reading And Interpreting Graphs


Reading and Interpreting Graphs


Title: Reading And Interpreting Graphs
Length: 2 pages (564 Words)
Style: MLA


Reading and Interpreting Graphs

Graph one show the relationship between the interest rates and the inflation rates for a period of twelve years. This is between 1968 and 1980. The time line plot indicates that the interest rates and the inflation rates go hand in hand, and when of them increases the other follows suit. The inflation rate is, however always slightly higher that the interest rates except for year 1972 and 1976. Inflation rate was at it highest in 1974 with a percentage of 11.8%. On the same year, the interest rate was very high and was at 7.9%. Both rates were at the lowest point in 1972. However, the plot shows a rising trend beyond 1980 in both interest and inflation rates.


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