15. The different types of data Suppose you have the following data set, which shows information about the inflation rate and unemployment rate for a particular country in each quarter from 1990 to 2019. The following is an example of such a data set. Unemployment Rate Inflation (Percent) Time Period (Percent) Q1 1990 2.1 4.1 Q2 1990 2.4 4.2 Q4 2019 4.5 6.1 The previous data set can best be classified as a data set.

Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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Chapter8: Economic Fluctuations, Unemployment, And Inflation
Section: Chapter Questions
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15. The different types of data
Suppose you have the following data set, which shows information about the inflation rate and unemployment rate for a particular country in each
quarter from 1990 to 2019.
The following is an example of such a data set.
Inflation Unemployment Rate
(Percent)
Time Period
(Percent)
Q1 1990
2.1
4.1
Q2 1990
2.4
4.2
Q4 2019
4.5
6.1
The previous data set can best be classified as a
data set.
Transcribed Image Text:15. The different types of data Suppose you have the following data set, which shows information about the inflation rate and unemployment rate for a particular country in each quarter from 1990 to 2019. The following is an example of such a data set. Inflation Unemployment Rate (Percent) Time Period (Percent) Q1 1990 2.1 4.1 Q2 1990 2.4 4.2 Q4 2019 4.5 6.1 The previous data set can best be classified as a data set.
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