Question

EMPLOYMENT For Exercises 27–30, use the graph that models the unemployment rates from 1975–2000.

In what year was the unemployment rate the highest? the lowest?

Short answer

The unemployment rate is the highest at the 7.5^th year and the lowest at the 25^th year.

Step-by-step solution

Step 1. Given

Given graph is:

Step 2. To determine

In what year was the unemployment rate the highest? the lowest?

Step 3. Calculation

From the graph:

The highest value occurs between 5 and 10. That means at the year $\frac{5+10}{2}=7.5$.

The lowest value occurs at 25.

It means the unemployment rate is the highest at the 7.5^th year and the lowest at the 25^th year.