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The following table shows data on a hypothetical country's real GDP from 1980 through 1988: Real GDP (Billions of Dollars) Year 1980 470 1981 480
The following table shows data on a hypothetical country's real GDP from 1980 through 1988: Real GDP (Billions of Dollars) Year 1980 470 1981 480 1982 495 1983 510 1984 495 1985 490 1986 495 1987 505 1988 520 The green line on the following graph shows the economy's long-term growth trend. Use the blue points (circle symbol) to plot the real GDP In each of the years listed. (Note: Plot your points in the order in which you would like them connected. Line segments will conneci the points automatically.) Next, place the black point (plus symbol) on the graph to indicate the point on the real GDP curve that definitely represents a peak. Finally, place the grey point (star symbol) on the graph to indicate the polnt on the real GDP curve that definitely represents a trough. The following table shows data on a hypothetical country's real GDP from 1980 through 1988: Real GDP (Billions of Dollars) Year 1980 470 1981 480 1982 495 1983 510 1984 495 1985 490 1986 495 1987 505 1988 520 The green line on the following graph shows the economy's long-term growth trend. Use the blue points (circle symbol) to plot the real GDP In each of the years listed. (Note: Plot your points in the order in which you would like them connected. Line segments will conneci the points automatically.) Next, place the black point (plus symbol) on the graph to indicate the point on the real GDP curve that definitely represents a peak. Finally, place the grey point (star symbol) on the graph to indicate the polnt on the real GDP curve that definitely represents a trough
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