1. Your spouse, or someone else very close to you, has brought you a magazine article on the economy that has the following five graphical depictions of the state of our economy. Knowing that you have just completed an economics course at Kaplan, they ask you what each one means. For each of the following graphs, write a paragraph briefly, but thoroughly, explaining what you would tell that person about what that graph means and why it is important.
GRAPH 1: Consumer Price Index
Consumer Price Index.JPG
Explanation:
GRAPH 2: Unemployment Rate
Unemployment.JPG
Explanation: