I'm not sure that we are getting the whole problem statement here, but hopefully I can at least help you with sketching it.
Let's sketch the polar form of the equation. Draw the traditional x,y axis cross, with the y-axis vertical (+ up) and the x-axis horizontal (+ to the right). Now remember that in polar coordinates, r is the distance away from the origin, and theta is the angle formed to that radius r from the + x axis, measured in the counterclockwise direction from the x-axis over to the radius r line.
Now, the equation has a constant offset r = 1, which then gets the cos(theta) term added to it, depending on the angle theta as it sweeps around from zero to 2PI.
So what is the value of r for these main points in the sketch?
theta = 0
theta = PI/2 (90 degrees, which is on the y-axis, right?)
theta = PI (180 degrees, along the - x axis)
theta = 3PI/2 (270 degrees, along the - y axis)
Now that you have those 4 points on the curve, you can start to see what it will look like. Now fill in these next 4 points to get a better idea:
theta = PI/4 (45 degrees)
theta = 3PI/4
theta = 5PI/4
theta = 7PI/4
Do you see what the curve looks like? Now, can you start to see how to use the polar --> retangular conversion equations to express this curve in rectangular form? You will end up with two values of y for each x, it would seem.