Multiple Choice
Use the figure below to answer the following question(s) .
Figure 9-2
-Which of the following is true for the economy depicted in Figure 9-2?
A) Potential output exceeds y1.
B) When output y1 is achieved, the actual rate of unemployment will exceed the natural rate of unemployment.
C) When output y1 is achieved, the actual rate of unemployment will be less than the natural rate of unemployment.
D) When output y1 is achieved, the actual rate of unemployment will equal the economy's natural rate of unemployment.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: If for some reason Americans wished to
Q22: Which of the following would generate a
Q121: Use the figure below to answer the
Q123: Use the figure below to answer the
Q126: You just bought a $1,000 bond that
Q135: If the dollar price of the English
Q153: When equilibrium is present in the foreign
Q199: If the price level in the current
Q201: An appreciation in the U.S. dollar would<br>A)
Q214: The actual rate of unemployment will be