High levels of public uncertainty about which economic policies a country will adopt can make planning difficult for businesses, but measures of such uncertainty have not tended to be very detailed. Recently, however, economist Sandile Hlatshwayo analyzed trends in news reports to derive measures not only for general economic policy uncertainty but also for uncertainty related to specific areas of economic policy, like tax or trade policy. One revelation of her work is that a general measure may not fully reflect uncertainty about specific areas of policy, as in the case of the United Kingdom, where general economic policy uncertainty ______________

Which choice most effectively uses data from the graph to illustrate the claim?

Question

High levels of public uncertainty about which economic policies a country will adopt can make planning difficult for businesses, but measures of such uncertainty have not tended to be very detailed. Recently, however, economist Sandile Hlatshwayo analyzed trends in news reports to derive measures not only for general economic policy uncertainty but also for uncertainty related to specific areas of economic policy, like tax or trade policy. One revelation of her work is that a general measure may not fully reflect uncertainty about specific areas of policy, as in the case of the United Kingdom, where general economic policy uncertainty ______________

Which choice most effectively uses data from the graph to illustrate the claim?

Accepted Answer

was substantially lower than uncertainty about trade policy in 2005 and substantially higher than uncertainty about trade policy in 2010.

Answer

aligned closely with uncertainty about tax and public spending policy in 2005 but differed from uncertainty about tax and public spending policy by a large amount in 2009.

Answer

was substantially lower than uncertainty about tax and public spending policy each year from 2005 to 2010.

Answer

reached its highest level between 2005 and 2010 in the same year that uncertainty about trade policy and tax and public spending policy reached their lowest levels.