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©2005 Brooks/Cole - Thomson Learning FIGURES FOR CHAPTER 3 RELATIONSHIPS BETWEEN VARIABLES Click the mouse or use the arrow keys to move to the next page.

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Presentation on theme: "©2005 Brooks/Cole - Thomson Learning FIGURES FOR CHAPTER 3 RELATIONSHIPS BETWEEN VARIABLES Click the mouse or use the arrow keys to move to the next page."— Presentation transcript:

1 ©2005 Brooks/Cole - Thomson Learning FIGURES FOR CHAPTER 3 RELATIONSHIPS BETWEEN VARIABLES Click the mouse or use the arrow keys to move to the next page. Use the ESC key to exit this chapter.

2 ©2005 Brooks/Cole - Thomson Learning Figure 3.1 Production costs and output are positively correlated.

3 ©2005 Brooks/Cole - Thomson Learning Figure 3.2 Labor productivity and capital per worker are positively correlated.

4 ©2005 Brooks/Cole - Thomson Learning Figure 3.3 Electricity consumption, household income, and price.

5 ©2005 Brooks/Cole - Thomson Learning Figure 3.4 U.S. unemployment and inflation rates. Open circles, 1953–1970; triangles, 1971–1983; solid circles, 1984–1996.

6 ©2005 Brooks/Cole - Thomson Learning Figure 3.5 National living standards are related positively to saving rates and negatively to population growth rates.

7 ©2005 Brooks/Cole - Thomson Learning Figure 3.6 Growth versus initial GDP per worker, 1960–1985. Source: Reprinted from the Handbook of Macroeconomics, Vol. IA, E.R. McGrattan and J.A. Schmitz, Jr. ‘‘Explaining Cross-Country Income Differences,’’ p. 676, c 1999, with permission from Elsevier.

8 ©2005 Brooks/Cole - Thomson Learning Figure 3.7 Population in Canada, the United Kingdom, and the United States, 1950–1992.

9 ©2005 Brooks/Cole - Thomson Learning Figure 3.8 Population in Canada, the U.K., and the U.S., 1950–1992.


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