Use the appropriate graphtime-series, croos-sectional, or scatter diagramto illustrate the economic data provided in each apart below.

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Use the appropriate graph—time-series, croos-sectional, or scatter diagram—to illustrate the economic data provided in each apart below.

a. The Canadian-dollar price of one U.S. dollar (the “exchange rate”) in 2011:

January…………………………………0.994

February………………………………..0.988

March…………………………………..0.977

April……………………………………0.958

May…………………………………….0.968

June…………………………………….0.977

July……………………………………..0.956

August………………………………….0.982

September………………………………1.003

October…………………………………1.019

November………………………………1.026

December………………………………1.024

b. A comparison of average household expenditures across provinces in 2010:

British Columbia……………………..$72 486

Alberta            ……………………..………….84 087

Saskatchewan…………………………69 237

Manitoba………………………………66 330

Ontario………………………………...74 521

Quebec………………………………..61 536

New Brunswick………………………59 943

Nova Scotia…………………………..61 907

Prince Edward Island………………..58 194

Newfoundland and Labrador……….60 139

c. Per capita growth rates of real GDP and investment rates for various countries, averaged over the period 1950-2009:

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Microeconomics

ISBN: 978-0321866349

14th canadian Edition

Authors: Christopher T.S. Ragan, Richard G Lipsey

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