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RELATIONSHIPS BETWEEN VARIABLES. FIGURES FOR CHAPTER 3. Click the mouse or use the arrow keys to move to the next page. Use the ESC key to exit this chapter. Figure 3.1 Production costs and output are positively correlated.

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figures for chapter 3

RELATIONSHIPS

BETWEEN

VARIABLES

FIGURES FORCHAPTER 3

Click the mouse or use the arrow keys to move to the next page.

Use the ESC key to exit this chapter.

slide5
Figure 3.4U.S. unemploymentand inflation rates.Open circles, 1953–1970; triangles, 1971–1983;solid circles, 1984–1996.
slide6
Figure 3.5National living standards are related positively to saving rates and negatively to population growth rates.
slide7

Figure 3.6Growth versus initial GDP per worker, 1960–1985.Source: Reprinted from the Handbook of Macroeconomics, Vol. IA, E.R. McGrattan and J.A. Schmitz, Jr.‘‘Explaining Cross-Country Income Differences,’’ p. 676, c 1999, with permission from Elsevier.