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The x-axis of the following graph categorizes countries by economic freedom quartiles, whereas the Y-axis measures positive percentage values. Determine whether the Y-axis measures the

The x-axis of the following graph categorizes countries by economic freedom quartiles, whereas the Y-axis measures positive percentage values. Determine whether the Y-axis measures the poverty rate or the growth rate, based on their relationship with economic freedom, and then answer the question that follow.

Homework 70 60 50 40 PERCENT 30 20 10 0 Least free 3rd 2nd Most free ECONOMIC FREEDOM QUARTILE Less free economies tend to experience a growth rate and a poverty rate than freer economies. Therefore, the graph most likely shows the relationship between economic freedom and rate. True or False: A one percentage point increase in private investment as a share of GDP tends to have a larger impact on less free economies than on freer economies. True False

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