Okun”s Law

Download correct data

Does not download any of the appropriate series.

(0 points)

Identifies and downloads only 1 of the 2 series correctly.

(3 points)

Identifies and downloads both 2 series correctly.

(6 points)

Manipulate data

Does not calculate changes appropriately, or calculate them incorrectly..

(0 points)

Correctly calculates changes and growth rate for one of the two series.

(6 points)

Correctly calculate both percentage point change and the growth rate.

(12 points)

Graph data

Does not draw a graph

(0 points)

Draws a graph, but done incorrectly (e.g., x and y axes are flipped).

(4 points)

Draws a correct graph.

(8 points)

Insert the linear trend line

Does not insert the trend line.

(0 points)

Inserts the trend line, but incorrectly (e.g., nonlinear).

(2 points)

Inserts the linear trend line correctly.

(4 points)

Present graphs professionally

Does not name axis or give a title to the graph.

(0 points)

Of three labels (two axis labels and the table title), provides only one.

(2 point)

Provides only two of the three labels (two axis labels and the table title).

(4 point)

Names both axes appropriately and give an appropriate title to the graph.

(6 points)

Presents a clear, professional, and readable graph.

(8 points)

Analyze the result

Does not analyze the required growth rate in GDP.

(0 points)

Provides the required growth rate in GDP, but the answer is incorrect.

(4 points)

Provides the required growth rate in GDP correctly.

(8 points)

Overall

Follow the instructions

Does not follow any of the instructions.

(0 points).

Follows one of the 4 instructions.

(1 point)

Follows two of the 4 instructions.

(2 points)

Follows three of the 4 instructions.

(3 points)

Follows all four instructions.

(4 points)