Multiple Choice
Use the figure below to answer the following questions.
Figure 12.2.2
-Refer to Figure 12.2.2.The vertical distance between SAS0 and SAS1 represents the
A) actual decrease in real GDP.
B) expected decrease in the real wage rate.
C) actual inflation rate.
D) expected increase in real GDP.
E) expected inflation rate.
Correct Answer:

Verified
Correct Answer:
Verified
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