Which type of graph shows the values of an economic variable for different groups in a population at a point in time?
A) cross- section
B) scatter
C) time- series
D) None of the above answers is correct.

Question

Quizplus · Accepted Answer

A cross-section graph is used to compare economic variables for different groups within a population at a specific point in time. It is a snapshot of data for a particular period, showing how the variable differs among the groups. Scatter graphs show the relationship between two variables, and time-series graphs show how the value of a variable changes over time. None of these is suitable for comparing economic variables for different groups at a single point in time.

Which Type of Graph Shows the Values of an Economic