Refer to Figure 1.3. The slope of the line is

A) positive.
B) negative.
C) increasing at an increasing rate.
D) decreasing at an increasing rate.

Increasing Rate

A situation or condition where there is a rise in the percentage or level of a particular economic variable or indicator over a designated period.

Slope

The measure of the steepness or incline of a line, indicating the rate of change between two points on a graph.

Decreasing Rate

A situation where the rate at which a process occurs slows down over time.