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    Macroeconomics Study Set 57
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    Exam 16: Inflation
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    The Graph Shown Displays Various Price and Output Levels in an Economy
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The Graph Shown Displays Various Price and Output Levels in an Economy

Question 33

Question 33

Multiple Choice

The graph shown displays various price and output levels in an economy. The graph shown displays various price and output levels in an economy.   Which point on the graph shown would represent an economic expansion? A)  E <sub>1</sub> B)  E <sub>2</sub> C)  E <sub>3</sub> D)  E <sub>4</sub> Which point on the graph shown would represent an economic expansion?


A) E 1
B) E 2
C) E 3
D) E 4

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