Multiple Choice
Figure 35-3.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 35-3.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
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
Q8: Figure 35-2<br>Use the pair of diagrams below
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
Q87: If taxes rise, then aggregate demand shifts<br>A)right,
Q189: In 2009, Congress and President Obama approved