![]() ![]() ![]() Prediction: There is a possibility that with such uncertainty in the world financial markets that …. (answers in paid version).Įvaluation: This is clearly due to the 2007/8 global financial crash, where the many countries suffered what is now being called …… (answers in paid version).Įvaluation: Overall, this graph highlights the evidence that global markets and recession …. ![]() The government lowered the interest rates shortly after this and this would explain the sudden rise in 1992.Īnalysis: The second interesting point is the sudden drop in GDP in 2007 ……. I’d like to focus your attention on two key significant areas.Īnalysis: The first one is in 1991, where as you can see GDP fell to -1 and then dramatically soared to 4% within two years.Įvaluation: This was possibly because of the UK suffering a small recession caused from high interest rates and limited availability of credit. When describing a graph of this type you should state what the overall trend is (upwards, downward or unchanging), and mention the initial and final figures. The y axis is the percentage of growth while the x axis is the individual 15 years.Īnalysis: Overall, GDP has remained reasonably stable from 1993 to 2007 and again in 2013 to 2015 within the 2-4% range. The graph from The Office of National Statistics (2015) shows GDP growth in the UK over the years 1990 to 2015. ![]()
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