Answer
The graph is composed of two lines passing through the origin having with slopes $-1,1$.
Work Step by Step
The conversion of polar coordinates and Cartesian coordinates are described as follows:
1. $r^2=x^2+y^2$ and $r=\sqrt {x^2+y^2}$
2. $\tan \theta =\dfrac{y}{x} \implies \theta =\tan^{-1} (\dfrac{y}{x})$
3. $x=r \cos \theta$ and 4. $y=r \sin \theta$
Given: $r^2 \cos^2 \theta =r^2 \sin^2 \theta$
Thus, the Cartesian equation is $x^2=y^2$
or, $x=\pm y$ or, $y=\pm x$
Hence, the graph is composed of two lines passing through the origin having with slopes $-1,1$.