A graph showing the values of an economic variable for different groups in a population at a point in time is called a
A)Venn diagram.
B)cross-section graph.
C)time-series graph.
D)scatter diagram.
E)None of the above answers is correct.

Question

Quizplus · Accepted Answer

A graph showing the values of an economic variable for different groups in a population at a point in time is called a cross-section graph. A Venn diagram is used to show relationships between sets, a time-series graph shows the trend of a variable over time, and a scatter diagram displays the relationship between two variables. None of these options accurately describe a graph showing values of an economic variable for different groups in a population at a point in time.

A Graph Showing the Values of an Economic Variable for Different