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Figure 22-3

Question 274

Multiple Choice

Figure 22-3. The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves. On the left-hand diagram, Y represents output and on the right-hand diagram, U represents the unemployment rate. Figure 22-3. The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves. On the left-hand diagram, Y represents output and on the right-hand diagram, U represents the unemployment rate. -Refer to Figure 22-3. What is measured along the vertical axis of the right-hand graph? A) the interest rate B) the inflation rate C) the government's budget deficit as a percent of GDP D) the growth rate of the nominal money supply
-Refer to Figure 22-3. What is measured along the vertical axis of the right-hand graph?


A) the interest rate
B) the inflation rate
C) the government's budget deficit as a percent of GDP
D) the growth rate of the nominal money supply

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