Asked by
Colleen Rohlehr
on Nov 06, 2024Verified
A graph illustrating how a variable changes over time is called a time-series graph.
Time-series Graph
is a visual representation of data points ordered in time, typically shown on a graph with the x-axis representing time and the y-axis representing the variable of interest.
Variable
In economics, it refers to any quantity that can change or vary within a model or equation, impacting outcomes.
Time
A continuous, irreversible progression through past, present, and future, which is a fundamental dimension in which events occur in sequence.
- Understand graphical representations involving slopes of lines and curves.
Verified Answer
SJ
Learning Objectives
- Understand graphical representations involving slopes of lines and curves.