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The graphs show economic data from the 1970s.

A line graph titled Unemployment Rate, 1974 to 1980, shows years from 1974 to 1980 on the x axis and rate on y axis. 1974, 5.6; 1975, 8.5; 1976, 7.9; 1977, 7.4; 1978, 6.4; 1979, 5.9; 1980, 6.9.

A line graph titled Inflation Rate, 1976 to 1980, shows years from 1976 to 1980 on the x axis and rate on the y axis. 1976, 5.5; 1977, 6; 1978, 7.5; 1979, 11; 1980, 14.

The graphs show that by the end of the decade, the nation’s economy was

showing signs of steady improvement.
suffering from rising unemployment and high inflation.
enjoying the benefits of high inflation.
mired in a great depression.

Sagot :

Anthougoidn

The graphs show that by the end of the decade, the nation’s economy was B. suffering from rising unemployment and high inflation.

Measuring a nation's economy

A nation's economy can be measured using:

  • Gross Domestic Product
  • Consumer Price Index (CPI) for inflation
  • Unemployment rate.

These macroeconomic indicators can be graphed to demonstrate the measurement pictorially.

Data:

Unemployment Rate

Year     %

1974    5.6

1975    8.5

1976    7.9

1977    7.4

1978    6.4

1979    5.9

1980   6.9

Inflation Rate

Year     %

1976    5.5

1977    6

1978    7.5

1979    11

1980   14

Thus, the graphs show that by the end of the decade, the nation’s economy was B. suffering from rising unemployment and high inflation.

Learn more about the measurement of the economy at https://brainly.com/question/2642262

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