(Figure: Interpreting Equations on a Graph) In the graph, if y stands for inflation and x stands for the money supply, then
A) for every 1% increase in the money supply, inflation increases by 0.6%.
B) for every 1% increase in inflation, the money supply increases by 0.6%.
C) if the money supply increases by 14, then inflation goes up 0.6%.
D) if inflation increases by 14, then inflation goes up 0.6%.

Question

(Figure: Interpreting Equations on a Graph) In the graph, if y stands for inflation and x stands for the money supply, then 
A) for every 1% increase in the money supply, inflation increases by 0.6%. 
B) for every 1% increase in inflation, the money supply increases by 0.6%. 
C) if the money supply increases by 14, then inflation goes up 0.6%. 
D) if inflation increases by 14, then inflation goes up 0.6%.

Quizplus · Accepted Answer

The slope of the line represents the relationship between the money supply and inflation. Since the slope is 0.6, for every 1% increase in the money supply, inflation increases by 0.6%.

(Figure: Interpreting Equations on a Graph) in the Graph, If