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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. - PowerPoint PPT Presentation
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©2005 Brooks/Cole - Thomson Learning
FIGURES FOR
CHAPTER 3
RELATIONSHIPSBETWEEN
VARIABLES
Click the mouse or use the arrow keys to move to the next page.Use the ESC key to exit this chapter.
©2005 Brooks/Cole - Thomson Learning
Figure 3.1Production costs and output are positively correlated.
©2005 Brooks/Cole - Thomson Learning
Figure 3.2
Labor productivity and capital per worker are positively correlated.
©2005 Brooks/Cole - Thomson Learning
Figure 3.3
Electricity consumption, household income, and price.
©2005 Brooks/Cole - Thomson Learning
Figure 3.4U.S. unemploymentand inflation rates.
Open circles, 1953–1970; triangles, 1971–1983;solid circles, 1984–1996.
©2005 Brooks/Cole - Thomson Learning
Figure 3.5National living standards are related positively to saving rates and negatively to population growth rates.
©2005 Brooks/Cole - Thomson Learning
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.
©2005 Brooks/Cole - Thomson Learning
Figure 3.7Population in Canada, the United Kingdom, and the United States, 1950–1992.
©2005 Brooks/Cole - Thomson Learning
Figure 3.8
Population in Canada, the U.K., and the U.S., 1950–1992.
