N.B : IT IS NOT AN EXAM Read the text below. Use the words to the right of the text to form a wordthat 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)(0) society(1) distribute(2) economyof limited resources. Since economies are dy-namic and constantly changing, (2)must take snapshots of economic data at specifiedpoints in time and (3)them to other (3) comparisonfixed timed data sets to understand trends and rela-tionships. To understand the relationships betweenthese (4)to (5)ideas.economists use graphs (4) varyinterpret and explain complex (5) visionSince economists take snapshots of data, a graphof these (6)points helps to illustrate(7)formation writtenand trends over time. Sets of in-on paper are hard to translate intobits of information.(8)(6) datum(7) move(8) understand

(1) the distribution. (2) Economies. (3) Compare. (4) Various. (5) View.

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

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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