Read the text below. Use the words to the right of the text to form a word that fits the context. Why are graphs used in economics? Economics is a (0) social science that attempts to un- derstand how supply and demand control (1), of limited resources. Since economies are dy- namic and constantly changing, (2) must take snapshots of economic data at specified points in time and (3) them to other fixed timed data sets to understand trends and rela- tionships. To understand the relationships between these (4) economists use graphs interpret and explain complex to (5) ideas. Since economists take snapshots of data, a graph of these (6) points helps to illustrate (7) formation written (8) and trends over time. Sets of in- on paper are hard to translate into bits of information. (0) society (1) distribute (2) economy (3) comparison (4) vary (5) vision (6) datum (7) move (8) understand
Read the text below. Use the words to the right of the text to form a word that fits the context. Why are graphs used in economics? Economics is a (0) social science that attempts to un- derstand how supply and demand control (1), of limited resources. Since economies are dy- namic and constantly changing, (2) must take snapshots of economic data at specified points in time and (3) them to other fixed timed data sets to understand trends and rela- tionships. To understand the relationships between these (4) economists use graphs interpret and explain complex to (5) ideas. Since economists take snapshots of data, a graph of these (6) points helps to illustrate (7) formation written (8) and trends over time. Sets of in- on paper are hard to translate into bits of information. (0) society (1) distribute (2) economy (3) comparison (4) vary (5) vision (6) datum (7) move (8) understand
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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