Multiple Choice
Figure 35-2
Use the pair of diagrams below to answer the following questions.
-Refer to Figure 35-2.If the economy starts at C and 1,then in the short run,a decrease in aggregate demand moves the economy to
A) A and 2.
B) D and 3.
C) E and 3.
D) None of the above is correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Samuelson and Solow argued that<br>A)high unemployment puts
Q4: Figure 35-4.The left-hand graph shows a short-run
Q5: The economist A.W.Phillips published a famous article
Q7: In his famous article published in an
Q9: According to the short-run Phillips curve,if the
Q10: A.W.Phillips' findings were based on data<br>A)from 1861-1957
Q11: If the central bank decreases the money
Q12: During the financial crisis Congress and President
Q13: Figure 35-2<br>Use the pair of diagrams below
Q189: In 2009, Congress and President Obama approved