1.5. Let's take another look at the ratio scale, and compare it to a normal scale. a....

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1.5. Let's take another look at the ratio scale, and compare it to a normal scale.

a. In Figure A. 7, which one is presented in ratio cale and which in normal scale?

b. In the top graph, every time the S&P 500 crosses a horizontal line, how many points did the S&P ri e?

c. In the bottom graph, every time the S&P 500 crosses a horizontal line, how many times higher is the S&P?

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Modern Principles Macroeconomics

ISBN: 124428

2nd Edition

Authors: Tyler Cowen ,Alex Tabarrok

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