In an ongoing consumer confidence survey, respondents are asked two questions: Are jobs plentiful? Are jobs hard to get? The graph shows the percentage of people answering “yes” to each question over the years.*
(a) In what year did the most people feel that jobs were plentiful? In that year, approximately what percentage of people felt that jobs were hard to get?
(b) In what year did the most people feel that jobs were hard to get? In that year approximately what percentage of people felt that jobs were plentiful?
(c) In what years was the percentage of those who thought jobs were plentiful the same as the percentage of those that thought jobs were hard to get?
*Data for The Conference Board. Graph from “Tight U.S. Job Market Adds to Jitters Among Consumers.” by A. Berenson, The New York Times, March 1, 2003. Copyright © 2003 The New York Times Co.
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