Question

The table shown below contains information technology (IT) investment as a percentage of total investment for eight countries during the 1990s. It also contains the average annual percentage change in employment during the 1990s. Explain how these data shed light on the question of whether IT investment creates or costs jobs. (Hint: Use the data to construct a scatterplot)
Country% IT% Change
Netherlands2.5%1.6%
Italy4.1%2.2%
Germany4.5%2.0%
France5.5%1.8%
Canada8.3%2.7%
Japan8.3%2.7%
Britain8.3%3.3%
U.S.12.4%3.7%

Answer

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