1 Graphical Questions Question 1: Traditional media have been having problems over the last years, the following graph shows the effect by showing the decrease in the number of employees in the magazine divisions at Time and Newsweek. NEWS MAGAZINE STAFF SIZE OVER TIME Time and Newsweek select years 1983-2005 380- 360- 340- 320- 300 Number of Staff 280- 260 240- 220 200+ 180- LLL 160 1983 1993 2003 2004 2005 Year Time Newsweek (a) The decline at Newsweek has been larger than at Time. By how much does it change? (b) Does the visual impression of the graph match with your results in (a)? Why or why not?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter14: Labor Markets And Income
Section: Chapter Questions
Problem 27RQ: Describe how the earnings gap between men and women has evolved in recent decades.
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1 Graphical Questions
Question 1: Traditional media have been having problems over the last years, the following graph shows the
effect by showing the decrease in the number of employees in the magazine divisions at Time and Newsweek.
NEWS MAGAZINE STAFF SIZE OVER TIME
Time and Newsweek select years 1983-2005
380-
360-
340-
320-
300
Number of Staff
280-
260
240-
220
200+
180-
LLL
160
1983
1993
2003
2004
2005
Year
Time
Newsweek
(a) The decline at Newsweek has been larger than at Time. By how much does it change?
(b) Does the visual impression of the graph match with your results in (a)? Why or why not?
Transcribed Image Text:1 Graphical Questions Question 1: Traditional media have been having problems over the last years, the following graph shows the effect by showing the decrease in the number of employees in the magazine divisions at Time and Newsweek. NEWS MAGAZINE STAFF SIZE OVER TIME Time and Newsweek select years 1983-2005 380- 360- 340- 320- 300 Number of Staff 280- 260 240- 220 200+ 180- LLL 160 1983 1993 2003 2004 2005 Year Time Newsweek (a) The decline at Newsweek has been larger than at Time. By how much does it change? (b) Does the visual impression of the graph match with your results in (a)? Why or why not?
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